Biden nominates Hill, McKernan for FDIC Board
President Joe Biden today nominated two Republicans to fill the two vacant seats on the five-member FDIC Board of Directors.
Tag: FDIC
FDIC’s Gruenberg added to convention speaker lineup
FDIC Chairman Martin Gruenberg has been added to the speaker lineup for ABA’s Annual Convention, to be held Oct. 2-4 ...
Federal agencies ‘reaffirm’ commitment to Basel III standards
In a joint statement, the Federal Reserve, FDIC and the Office of the Comptroller of the Currency announced today they ...
FDIC: Bank net income down but sector shows signs of strength
FDIC-insured banks and savings associations earned $64.4 billion in the second quarter of 2022, an 8.5% decrease from the year ...
ABA, BPI oppose proposed replacement for troubled debt restructuring
In comments filed with the FDIC Friday, the American Bankers Association and Bank Policy Institute came out against an agency ...
FDIC study: Raising deposit insurance assessments led to drop in bank lending
Raising deposit insurance assessment rates during a time of economic stress leads to a “significant drop” in bank lending growth, ...
Trade groups oppose proposed increase in deposit insurance assessments
The American Bankers Association and five trade associations came out against a proposed two basis-point increase in deposit insurance assessment ...
FDIC alleges five crypto companies misled on deposit insurance
The FDIC today sent cease-and-desist letters to five companies that the agency alleges misled consumers into believing that cryptocurrency assets ...
FDIC issues guidance for Missouri banks affected by flooding
FDIC issued guidance Friday for banks and borrowers in areas of Missouri hard hit by severe storms and flooding in ...
Trade groups: Proposed CRA changes do not accomplish modernization goals
The American Bankers Association and 51 state banking associations submitted comments today on the banking agencies’ proposed overhaul of the ...
