The banking industry might also resist, said former FDIC Chair Sheila Bair. "They like the status quo." "Though it's not very ...
The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial ...
There are a lot of people — especially older Americans — who do not trust the stock market or simply do not want to have their retirement funds at risk of the kinds of losses that can hit the ...
The U.S. economy relies heavily on FDIC deposit insurance to maintain Americans’ confidence in the financial system, with the ...
Matthew F. Erskine is a trusts and estates attorney. The FDIC has issued final regulations that, as of April 1, 2024, will change how bank accounts held in the name of a trust will be insured.