The Federal Deposit Insurance Corporation (“FDIC”) has filed a lawsuit against Capital One COF, alleging that the bank paid ...
The first bank failure of 2024 happened when Republic First Bank, a financial institution based out of Philadelphia, was seized and closed by state and federal regulators last week. The bank ...
This week the Federal Deposit Insurance Corp. filed a counterclaim against McLean-based bank Capital One, National ...
The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were talking ...
You can easily insure your excess deposits by opening accounts at separately chartered banks to expand your FDIC coverage if ...
The Main Street Depositor Protection Act is an attempt to help the banking industry, but it will do far more harm than good.
Bank failures stem from an inability to meet obligations due to asset reductions. FDIC insures deposits up to $250,000, providing safety for bank customers. SVB failed due to bond losses and ...
Project 2025, the conservative think tank The Heritage Foundation’s plan to transform the federal government during the next conservative administration, is garnering more attention as the 2024 ...
Project 2025 does not explicitly propose eliminating the FDIC; rather, the document suggests the corporation merge with other federal financial agencies. A 2017 report by The Heritage Foundation, ...