President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the ...

The Federal Deposit Insurance Corp. and other independent agencies will likely need to identify positions not explicitly ...

The Federal Deposit Insurance Corporation can cover deposits that are not insured. They did that in 2023, which required authority from the treasury secretary.

The Federal Deposit Insurance Corporation (FDIC) is under fire after Senator ... inter-agency communications about digital assets, and enforcement actions. Lummis also demanded the preservation ...

[2] As identified by the FDIC in its enforcement action, the majority of CBW Bank's revenues did not come from its relatively modest deposits. Where CBW Bank's new owners saw the potential for ...

The time is ripe for Congress and the president to shrink the Federal Deposit Insurance Corp.'s board of directors back down ...

President Donald Trump’s nomination of Jonathan McKernan to lead the Consumer Financial Protection Bureau brought some relief ...

The development came on a day when the bureau terminated roughly 70 probationary employees, including enforcement division attorneys, according to Bloomberg Law.

On December 27, 2024, the Federal Deposit Insurance Corporation (FDIC) announced a notice of assessment of a civil money penalty against a Kansas-based bank. The action, originally brought in ...

Lummis noted that such actions are illegal and unacceptable and the agency should ensure that FDIC staff stop the destruction of all materials related to the agency's crypto activities.

Crypto markets react to debanking scrutiny, with Bitcoin declining amid rising political and regulatory tensions.