The FDIC approved the very first proposal that sets the rules for how banks file applications to issue payment stablecoins under Trump’s GENIUS Act. The proposal spells out how insured institutions ...

The proposed bank, backed by billionaire investor Peter Thiel, received conditional approval from the OCC in October.

Learn how these federal agencies safeguard your deposits at credit unions and banks, offering protection up to $250,000 per ...

Protect your large cash deposits with IntraFi Network Deposits, offering FDIC insurance coverage across multiple banks while maintaining one convenient account.

Comptroller of the Currency Jonathan Gould, an FDIC board member, supported the agency’s proposed budget but expects further ...

The FDIC approved the bank's application on Dec 16. It still requires final approval from the Office of the Comptroller of ...

President Joe Biden is set to nominate a new FDIC chair after independent and congressional scrutiny of Martin Gruenberg's leadership.

With eight years of experience as a financial journalist and editor and a degree in economics, Elizabeth Aldrich has worked on thousands of articles within the realm of banking, economics, credit ...

The FDIC has released a proposed framework detailing how banks could apply to issue payment stablecoins under the GENIUS Act, pending public consultation.

In a package of confirmations, the U.S. Senate approved Mike Selig to lead the CFTC and Travis Hill to run the FDIC, both ...