President Trump's sweeping cuts to the U.S. government are hitting a crucial part of the financial system: the independent agency responsible for preventing future banking crises. The Federal Deposit ...

FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users without the protections given to traditional bank deposits.

A bank failure occurs when a state or federal regulator closes it, typically after determining that it’s insolvent. When this happens, the Federal Deposit Insurance Corp. (FDIC) steps in to cover ...

The Federal Deposit Insurance Corp. 's newly revised resolution framework reflects acting Chair Travis Hill's skepticism of the bridge-bank model used in 2023, which he has criticized as ...

The FDIC was established in 1933 to protect deposit accounts in the event of a bank failure. FDIC-insured accounts are covered for up to $250,000 per depositor, per ownership category at an insured ...

Recently, the FDIC Office of Inspector General released a report entitled, “FDIC Readiness to Resolve Large Regional Banks,” which evaluated the FDIC’s preparedness to resolve large regional bank ...

The Federal Deposit Insurance Corp. supervises banks and insures deposits so people don't lose their money when banks collapse.

New legislation in Congress vows to protect Main Street, but the specifics suggest something else entirely. The proposal, called the Main Street Depositor Protection Act, would raise the Federal ...

The Federal Deposit Insurance Corp. on Friday narrowed the requirements big banks must follow when submitting emergency wind-down blueprints — known as resolution plans — in an attempt to streamline ...