Banking regulator rescinds more than 200 job offers for examiners it needs
A government-wide hiring freeze is adding to a staffing shortage at the Federal Deposit Insurance Corp., complicating the ...
Hosted on MSN5h
What Exactly Is A Sweep Account?
Sweep funds automatically move idle cash into interest-earning accounts, helping you maximize returns and manage your money ...
JD Supra7h
FDIC Acting Chairman Hill outlines his agenda
On January 20, the FDIC appointed Travis Hill as Acting Chairman. In a prepared statement the next day, Hill outlined his agenda to address changes ...
Lawyer group urges overhaul to ease US process for setting up new banks
U.S. regulators must simplify the authorization process for setting up new banks, a group of lawyers wrote in a letter to the ...
bankingdive8h
Ousting the CFPB’s Chopra wasn’t a ‘day one’ priority
The Trump administration has issued dozens of executive orders, but change to banking regulations and agency leaders isn’t ...
JD Supra8h
Sack Exchange Part II, Age of Consent and FDIC You Later
Purdue Pharma and owners to pay $7.4 billion in settlement of lawsuits over the toll of OxyContin - On Thursday, Purdue Pharma ...
Hoodline9h
Ashford Senior Swindled by Scammers Posing as FDIC Agents, Pierce County Sting Operation Nabs Fraud Courier
An Ashford senior was scammed by fake FDIC agents, losing $25,000. The fraud involved a physical courier, marking a deviation from usual digital tactics. A sting operation led to an arrest, ...
Will America’s crypto frenzy end in disaster?
Get your $TRUMP now," came the message from America’s president-elect three days before his inauguration. The ...