FDIC

Democrats and Republicans on the House Financial Services Committee called for steps to minimize the harm to community banks and credit unions bracing for the new accounting standard.

As evidenced by a Senate hearing, Republican and Democratic lawmakers still live in alternative universes when it comes to financial regulatory policy.

The Wild West of cryptocurrency trading is getting something typically associated with the safest of savings accounts: FDIC protection.

The chairwoman of the House Financial Services Committee said the panel will be holding its own public hearings on the proposed merger.

Chief Financial Officer Steve App will be succeeded by Bret Edwards, who is now head of the FDIC's division of resolutions and receiverships.

A sharp disagreement between foreign and U.S. regulators is emerging on how far banking supervisors should go in asking financial institutions to stress test their loan and investment portfolios for any risks associated with climate change.

Fitch Ratings issued a negative warning for global banks after federal regulators proposed some relief from resolution plan requirements.

As the central bank board proceeds with reforms easing the post-crisis regulatory regime, the Obama-appointed governor has not shied from opposing the agency’s course.

The head of the central bank declined to provide more specifics on efforts to simplify the ban on banks’ proprietary trading.

FDIC Chairman Jelena McWilliams revealed an effort by the banking agencies to gain better clarity on how authorities use the huge amounts of suspicious activity reports that banks must submit under anti-money-laundering laws.