‘One of the dumbest ideas’: Abolishing the FDIC could backfire on Trump and his allies
The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial ...
Why targeting the FDIC would mean economic disaster
The incoming Trump administration has reportedly started looking into ways to drastically shrink, consolidate or even ...
Make America the Great Depression Again: Trump’s plan to kill the FDIC
Donald Trump has officially revealed when America was last “great”: the 1930s.
Trump aides mull abolishing FDIC as part of dramatic banking deregulation spree: report
Advisers to President-elect Donald Trump have been openly raising the possibility of the incoming administration dissolving ...
Truthout10d
Trump’s DOGE Team Is Asking Potential Appointees If They Can Abolish the FDIC
President-elect Donald Trump’s transition team is looking at ways to either reform, reorganize or completely eliminate the ...
Fact Check: Project 2025 Proposes Eliminating the FDIC? Not Exactly
A 2017 report by conservative think tank The Heritage Foundation suggested "government-provided deposit insurance should be phased out fully." ...
Trump’s team has reportedly asked about closing a bank regulator - and it could put savings at risk
The WSJ report notes that while banks hope Trump will ease regulations, the FDIC insurance is considered “near sacred.” A ...
The Raw Story13d
Trump team mulls axing Great Depression-era agency that guards against bank failures: WSJ
President-elect Donald Trump's advisers, alongside tech billionaire Elon Musk's Department of Government Efficiency task ...
Trump Mulls Big Changes to Banking Regulation, Unsettling the Industry
The FDIC is the glue that holds the whole banking industry together. Getting rid of it is a very bad idea," said Bill Isaac, ...
Trump's floated idea to shutter FDIC would be political heavy lift, say analysts
U.S. bank stocks were unfazed on Friday after a report that President-elect Donald Trump's team had floated the idea of ...
CNN8d
‘One of the dumbest ideas’: Abolishing the FDIC could backfire on Trump and his allies
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. Today, during a time of ...