The FDIC approved the very first proposal that sets the rules for how banks file applications to issue payment stablecoins under Trump’s GENIUS Act. The proposal spells out how insured institutions ...

The proposed bank, backed by billionaire investor Peter Thiel, received conditional approval from the OCC in October.

Learn how these federal agencies safeguard your deposits at credit unions and banks, offering protection up to $250,000 per ...

Comptroller of the Currency Jonathan Gould, an FDIC board member, supported the agency’s proposed budget but expects further ...

President Joe Biden is set to nominate a new FDIC chair after independent and congressional scrutiny of Martin Gruenberg's leadership.

Washington — Massachusetts Sen. Elizabeth Warren said Sunday that a proposal from Congress to lift the Federal Deposit Insurance Corporation's (FDIC) insurance cap from its current $250,000 limit is ...

The FDIC has released a proposed framework detailing how banks could apply to issue payment stablecoins under the GENIUS Act, pending public consultation.

The bank regulator has taken no action on dozens of harassment complaints and moves wrongdoers around, the report says.

The White House nominated Hill to lead the FDIC on a permanent basis in September. Selig — who replaces acting chair Caroline ...

The Federal Deposit Insurance Corp., a government agency that protects bank customers from losing their deposits, fostered a toxic workplace rife with harassment and bullying that mostly targeted ...

A new scam on the Treasure Coast residents should be on alert for.That scam just left one Martin County woman out of ...