Proposals are now circulating in Washington to increase deposit insurance limits radically, including the bill from Sens. Bill Hagerty (R-TN) and Angela Alsobrooks (D-MD) to boost coverage from ...

Each government failure becomes an excuse to do more of what failed. It is sad but not surprising to see this expensive and destructive cycle of failure repeat itself with banking regulation.

The experts said that the odds were tiny that the housing market could crash; that the federal housing agencies Fannie Mae and Freddie Mac would never need a bailout; that mortgage-backed securities ...

Politicians in Washington have the shortest memories. Maybe that's why they so seldom learn from their sometimes catastrophic mistakes. It was less than 20 years ago that the U.S. economy was ...

Op-ed views and opinions expressed are solely those of the author. Politicians in Washington have the shortest memories. Maybe that’s why they so seldom learn from their sometimes catastrophic ...

Joseph Brooks of the FDIC Legal Division argued during a Tuesday hearing that only the FDIC could bring the claims asserted by Kessler Topaz Meltzer & Check and Bernstein Litowitz Berger & ...

Notice from the Federal Deposit Insurance Corporation that the New Jersey Title Guarantee and Trust Company has failed, is tacked up on the door of the $23,000,000 bank in Jersey City. Very little ...

Financial regulators said the Biden-era policy was superfluous. Democrats said it protected financial stability in an era of unpredictable weather. By Scott Dance and Stacy Cowley Scott Dance reported ...

Getting the best rate as a saver has been a little more difficult since the Federal Reserve started cutting its benchmark rate toward the end of 2024. Fed officials paused reductions throughout most ...

Getting the best rate as a saver has been a little more difficult since the Federal Reserve started cutting its benchmark rate toward the end of 2024. Fed officials paused reductions throughout most ...

Key insight: Some Republicans are starting to question the cost of deposit insurance reform for business accounts. Expert quote: "The $20 million number just feels like a bludgeon," said Christpher ...