What Is Going on With the FDIC? Trump and DOGE Raise Questions for Depositors
Now, the Trump administration is considering changes that could dramatically alter the financial regulator. The Wall Street ...
The Daily Hodl12h
$374,068 Drained From Bank Accounts As Bank Employee Allegedly Uses Customer Funds To Pay Husband’s Credit Card, Property Taxes and E*TRADE Deposit
The Federal Deposit Insurance Corporation (FDIC) is accusing a bank executive of making unauthorized transfers from clients' accounts to pay for her husband's expenses.
Crypto and Trump gang up on FDIC over debanking: ‘Our story is pretty ridiculous'
After years of struggles with the Biden administration, crypto executives have allies across Washington, and now have a ...
Milwaukee Independent19h
Lack of insurance: Why consumers should avoid storing too much money in payment apps
As use of payment apps has grown in recent years, the Consumer Finance Protection Bureau has issued guidance on best ...
Vegas business owner indicted for allegedly running cryptocurrency Ponzi scheme
LAS VEGAS, Nev. (KOLO) - A Las Vegas business owner has been indicted after the DOJ says he was running a cryptocurrency ...
FDIC Sheds 500 Employees in ‘Buyout’ Offer Before Restructuring
Around 500 employees at the Federal Deposit Insurance Corp., or about 8% of its workforce, have accepted the Trump ...
JD Supra1d
Who is Jonathan McKernan, the Nominee for CFPB Director?
On February 11, the White House announced the nomination of Jonathan McKernan to serve as Director of the. McKernan was most recently a member of the Board of Directors of the Federal Deposit ...
Las Vegas businessman faces 330 years in $24M crypto Ponzi scheme
Brent C. Kovar, 58, the owner of a Las Vegas-based company, has been indicted on charges related to a $24 million ...
American Banker1d
What direction will McKernan take leading the CFPB?
The Trump administration's nominee to lead the Consumer Financial Protection Bureau, Jonathan McKernan, is seen as an ...
GOBankingRates on MSN2d
Are CDs FDIC Insured?
CDs are FDIC insured up to $250,000 per person, per bank. Find out how to ensure you'll get full FDIC insurance coverage when ...
Is Your Savings Keeping Up With Today's Inflation? Most Americans Say No—But Here's an Easy Fix.
With inflation hovering near 3%, your cash can't keep up in a typical savings account. But today's high interest rates offer ...
Trump’s choice to lead CFPB, McKernan, left FDIC Monday
President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the ...