Assets like gold and crypto were big winners in the first half of 2025, but remain powerful portfolio diversifiers despite ...

FDIC aims to reduce workforce by 1,250 An internal memo sent Monday aligns with earlier reports that the Department of Government Efficiency was targeting the FDIC for staff cuts. Cuts at another ...

Bank of America faces a $540 million bill after a federal judge ordered the financial institution to pay up on Monday amid a federal lawsuit.

The FDIC is built "to prevent another banking crisis," said Oregon Public Broadcasting. Now, though, it is a "Trump target." Even before Trump took office, the agency struggled with "several ...

The FDIC board stated that the proposed rule would have “created a number of overly prescriptive and process-oriented expectations” and conflated the roles of management and the board of ...

The FDIC and other independent agencies will likely need to identify positions not explicitly required by law under an executive order signed by President Donald Trump aimed at shrinking the federal ...

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.

The FDIC was created in 1933 to protect consumers when financial institutions fail and are forced to close their doors. During the Great Depression, insurance for banks was not available.

Trump’s new crypto executive order excludes both the Fed and the FDIC from crypto working groups, which could end crypto debanking efforts.

Cryptocurrency hasn't delivered on its promise to replace money. It's just created a new way to gamble.

The history of the FDIC includes how it developed deposit insurance and adjusted it through the decades. Learn how the FDIC started and about its key changes.

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks.