News

The Federal Deposit Insurance Corporation (FDIC) announced plans to eliminate approximately 1,250 positions across most of its departments.
The Federal Deposit Insurance Corp. intends to let go more than 1,200 employees as part of the Trump administration’s plans ...
Four senators argued DOGE’s presence could threaten the $137 billion Deposit Insurance Fund, potentially undermining the FDIC ...
A seismic shift in Federal Deposit Insurance Corp. policy for handling a failing national or regional bank — foremost ...
The agency is offering buyouts and early retirement incentives for employees, with layoffs possible if targets aren't met, as ...
Senate Democrats led by Elizabeth Warren want more information about what Elon Musk’s Department of Government Efficiency is ...
Instead of requiring a bridge bank strategy, the FDIC wants large banks to describe one or more potential resolution ...
A cohort of Democratic senators on the banking committee expressed concern over the Department of Government Efficiency's ...
Like the other U.S. bank agencies, the Fed has swept the decks of previous directives to bankers that they get sign-offs from ...
Senator Cynthia Lummis stated in an April 25 X post that the Fed's withdrawal of crypto guidance is “just noise, not real ...
But if you're short on time, here’s a quick rundown of two standout options for security and peace of mind: SoFi® (Member FDIC ... operating in 27 states and Washington D.C. PNC Bank balances ...