Latest News for: fdic

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Sheriff’s office sting snares alleged FDIC scammer who tried to con Ashford woman

The News Tribune 26 Jan 2025
The 71-year-old Ashford resident was convinced that the FDIC agent was real ... .
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SAB 121 rescinded: A clear path to crypto custody and regulation in 2025, finally

Cryptopolitan 25 Jan 2025
On January 23, the US Securities and Exchange Commission (SEC) announced that it had withdrawn its controversial accounting guidance, Staff Accounting Bulletin 121 (SAB 121) ... 122 to replace the prior guidance ... Now, that is gone ... Now, he is president.
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Bank Abruptly Shut Down by US Authorities in First Bank Failure of 2025

The Daily Hodl 25 Jan 2025
The Federal Deposit Insurance Corporation (FDIC) says the Illinois Department of Financial and Professional Regulation (IDFPR) has closed Pulaski Savings Bank. The FDIC has been appointed as the ...
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Trump’s executive order excludes Fed, FDIC from crypto working group

BitRSS 24 Jan 2025
The executive order will also exclude the US central bank from future stablecoin regulation, according to industry insiders ... .
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Crapo: FDIC Chairman Charting New Course for Sound Policy (Mike Crapo)

Public Technologies 24 Jan 2025
In July 2024, Crapo joined several colleagues in demanding the FDIC withdraw its corporate governance guidelines, stating, "safety and soundness is the cornerstone regulatory principle of the U.S.
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Trump’s executive order excludes the Fed and FDIC from the crypto working group

Cryptopolitan 24 Jan 2025
This excluded the Fed and the FDIC, and a new working group was formed to produce clearer crypto rules ... Trump’s executive order EXCLUDES the Fed & FDIC from the digital asset working group ... the FDIC.
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Why banks fail: Outgoing FDIC chief Martin Gruenberg assesses banking industry risks

Usatoday 24 Jan 2025
All in all, it’s a highly favorable backdrop for banks, as witnessed by a rising balance in the FDIC insurance fund and a mere two bank failures in 2024, out of more than 4,500 institutions ... The FDIC ...
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Senator Lummis to chair Senate Banking Digital Assets Committee

Cryptopolitan 23 Jan 2025
“If it is uncovered that anyone within the FDIC has knowingly destroyed materials or sought to obstruct the oversight functions of the Senate, it will result in swift criminal referrals to the U.S.
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Morgan Stanley’s CEO to work with U.S. regulators to explore more options in crypto

Cryptopolitan 23 Jan 2025
Coinbase the court documents in June last year revealing internal communications of the banking regulator FDIC. The FDIC had also notified all U.S ... One document highlighted the FDIC’s lack of clarity on ...
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Acting FDIC Chair Promises ‘Wholesale Review’ of Regulatory Priorities

The Epoch Times 22 Jan 2025
He has previously served as the FDIC’s vice chair since 2023 and was a senior adviser to then-Chairman Jelena McWilliams ... “While the FDIC faces a broad range ...
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Trump Names Acting Leadership at Treasury, FDIC, Other Agencies (NDBA - North Dakota Bankers Association)

Public Technologies 22 Jan 2025
) Immediately upon assuming office Monday, President Trump designated several chairs and acting heads of agencies and departments ... FDIC Vice Chairman Travis Hill as acting FDIC chairman following the resignation of Martin Gruenberg ... Atkins ... Disclaimer.
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Chairman Hill Applauds Acting FDIC Chairman Travis Hill for Echoing Similar Priorities for the American Banking System (US House of Representatives Committee on Financial Services)

Public Technologies 22 Jan 2025
) Chairman Hill Applauds Acting FDIC Chairman Travis Hill for Echoing Similar Priorities for the American Banking System ... "I congratulate Travis Hill on his designation as Acting Chairman of the FDIC," said Chairman Hill.

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