The FDIC has issued a stark warning about 63 banks currently on the brink of failure. This development has sparked concerns about financial stability and what it means for everyday Americans. Stay ...

Senate Banking Committee Chair Tim Scott, R-South Carolina, noted that bipartisan opposition of Hill’s nomination increased ...

Scott Bessent and Elizabeth Warren both want to raise the deposit insurance cap. A Senate bill proposes a 40-fold increase.

Republican Sen. John Kennedy threatened to vote not to advance the acting chair’s nomination over “pretty words” but a lack ...

The proposed $30,000 floor—set to take effect upon finalization in 2026—would automatically adjust annually based on the ...

Former executives of Silicon Valley Bank will have to face a Federal Deposit Insurance Corp. lawsuit alleging they engaged in ...

La., asked acting Federal Deposit Insurance Corp. Chair Travis Hill, who has been tapped to lead the agency permanently by ...

Officials from both parties are pushing to raise the FDIC insurance limit from $250,000 to $10 million. But not only millionaires would benefit.

The latest call for expanding the FDIC cap doesn't hold water. This expansion will protect a very concentrated group of ...

As has been reported widely, a substantial increase in deposit insurance per account would cost banks $10 billion in the very ...

New legislation in Congress vows to protect Main Street, but the specifics suggest something else entirely. The proposal, ...

A Virginia grandmother has been fending off the FDIC in a two-year court battle — after getting victimized in a $2 million ...