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.
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 ...
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 ...
Warren: Only Congress — not Trump or Musk — can 'get rid of the CFPB'
Senator Elizabeth Warren said Wednesday that the law clearly states only Congress can shutter the CFPB, setting up a ...
Consumers don't need more hidden fees, tricky loans, or a repeat of financial crisis
The Consumer Financial Protection Bureau has been a go-to financial agency for dealing with bad practices. Trump ...
Trump picks Jonathan McKernan to lead CFPB amid shake-up
Jonathan McKernan's nomination to be the next director of the Consumer Financial Protection Bureau comes after the firing of Rohit Chopra.
Four senators seek probe into FDIC hiring freeze
Senators urge FDIC review on rescinded job offers, citing risks to banking system stability. Learn how staffing impacts ...
Elizabeth Warren has a warning about America's banking system under Trump
Senator Elizabeth Warren is sounding the alarm on cuts to Federal Deposit Insurance Corporation (FDIC), writing in a letter ...
Sen. Elizabeth Warren: Current FDIC staffing shortages 'threaten the safety and soundness of the banking system'
In a letter sent to Inspector General Jennifer Fain, Sen. Elizabeth Warren said the FDIC should evaluate whether the decision to rescind more than 200 job offers to bank examiners threatens the ...