What Is Going on With the FDIC? Trump and DOGE Raise Questions for Depositors
Here’s a look at what’s reportedly being considered for future of the FDIC and how it could affect bank accounts.
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When the FDIC took extraordinary action and it paid off
The Federal Deposit Insurance Corporation can cover deposits that are not insured. They did that in 2023, which required authority from the treasury secretary.
American Banker2d
FDIC likely subject to EO on federal workforce reduction
The Federal Deposit Insurance Corp. and other independent agencies will likely need to identify positions not explicitly ...