Instead, it's funded by banks, which pay the FDIC quarterly dues based in part on the deposits they hold. The agency has historically operated independently of the White House ... who is the ranking ...

The FDIC was created in response to thousands of bank failures nearly 100 years ago. It ensures depositors for certain account types up to $250,000 at more than 4,500 member banks. It also ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...

"It is clearly intended to require most agencies (including the FDIC) to assess whether any specific employee is engaged in activities 'not mandated by statute or other law' and 'not typically ...

Key presidential advisers have let it be known that they have their eyes on the Federal Deposit Insurance Corporation (FDIC). The focus for now is the “efficiency” of this independent agency ...

Sam’s Club has introduced a new limited-time snack, Member's Mark White Chocolate Cookie Crunch Bark, offering a mix of white chocolate, dark chocolate cookie pieces, crunchy pretzels ...

The proposal will temporarily reinstate the merger policy that was in effect prior to 2024 as the FDIC conducts a broader reevaluation of its bank merger review process, the agency said.

Staff at the FDIC, which monitors banks nationwide and backstops bank deposits via its insurance fund, were notified Tuesday morning of the firings. In an email seen by Reuters, staff were told ...

Wake County school board member Sam Hershey apologized Tuesday for his highly publicized remarks about “mediocre white men” in a speech he gave defending diversity, equity and inclusion policies.

Trump has also named former FDIC board member Jonathan McKernan to run the CFPB. Would changes to the FDIC affect the insurance on my accounts? It’s too early to say definitively, but early indi ...

A member of North Carolina’s largest school ... in an apparent reference to President Donald Trump. Hershey, who is White, said that in recognition of Black History Month, he wanted to make ...