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FDIC

  • White House Calls for Tougher Bank Rules After Crisis
    White House Calls for Tougher Bank Rules After Crisis
    President Joe Biden is urging federal banking agencies to consider a series of changes that would "reduce the risk of a future banking crisis” and refrain from penalizing community banks, ...
    March 30, 2023BY Andrew Moran
  • Fed Was in Talks With Silicon Valley Bank to Use Discount Window Before Collapse
    Fed Was in Talks With Silicon Valley Bank to Use Discount Window Before Collapse
    Federal Reserve officials were reportedly in discussions with Silicon Valley Bank (SVB) to use its discount window, right ...
    March 30, 2023BY Bryan Jung
  • Bank Deposit Bailouts Could Cost Taxpayers Billions
    Bank Deposit Bailouts Could Cost Taxpayers Billions
    Following a string of regional bank failures over the past several weeks, bank regulators were quick to guarantee ...
    March 29, 2023BY Kevin Stocklin
  • LIVE NOW: Senate Committee Holds Hearing on Silicon Valley Bank Collapse
    LIVE NOW: Senate Committee Holds Hearing on Silicon Valley Bank Collapse
    The Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg; Federal Reserve Board Vice Chairman for Supervision Michael Barr; ...
    March 28, 2023BY Epoch Video
  • Silicon Valley Bank and the Soft Pivot of Our Weak-Kneed Fed
    Silicon Valley Bank and the Soft Pivot of Our Weak-Kneed Fed
    Commentary Old habits die hard for the folks over at the Federal Reserve, who immediately rung in the ...
    March 23, 2023BY Ranen Aschemann
  • Former FDIC Chair Speaks Out Against SVB ‘Bailout,’ Says Biden Admin Overreacted
    Former FDIC Chair Speaks Out Against SVB ‘Bailout,’ Says Biden Admin Overreacted
    Sheila Bair, former chair of the Federal Deposit Insurance Corporation (FDIC), has criticized the Biden administration’s decision to ...
    March 22, 2023BY Tom Ozimek
  • Yellen: Government Could Step in Again to Protect Other Banks From Deposit Runs to Stop Contagion
    Yellen: Government Could Step in Again to Protect Other Banks From Deposit Runs to Stop Contagion
    U.S. Treasury Secretary Janet Yellen on Tuesday defended government intervention in the banking sector and suggested that it may ...
    March 21, 2023BY Bryan Jung and Liam Cosgrove
  • How to Protect Your Money in a Bank Failure
    How to Protect Your Money in a Bank Failure
    Two large banks in the United States, Silicon Valley Bank and Signature Bank, have recently failed. Most people ...
    March 21, 2023BY Mike Valles
  • New York Community Bancorp Unit to Buy Signature Bank Assets in $2.7 Billion Deal
    New York Community Bancorp Unit to Buy Signature Bank Assets in $2.7 Billion Deal
    A subsidiary of New York Community Bancorp will purchase a significant portion of the failed Signature Bank under a ...
    March 20, 2023BY Katabella Roberts
  • A Mismanaged Silicon Valley Bank Failure Has Grave Consequences
    A Mismanaged Silicon Valley Bank Failure Has Grave Consequences
    Commentary This was undoubtedly the week that was. Silicon Valley Bank's (SVB) failure sent the markets into the ...
    March 18, 2023BY J.G. Collins
  • Banking Regulators to Face Congress Over SVB, Signature Bank Collapse
    Banking Regulators to Face Congress Over SVB, Signature Bank Collapse
    Congress will hold its first bipartisan hearing with top federal financial regulators into the failure of Silicon Valley ...
    March 18, 2023BY Caden Pearson
  • Sen. Kennedy Says Silicon Valley Bank Crisis Could Have Been Avoided
    Sen. Kennedy Says Silicon Valley Bank Crisis Could Have Been Avoided
    Sen. John Kennedy (R-La.) said the Silicon Vally Bank (SVB) crisis could have been avoided, had the bank’s ...
    March 16, 2023BY Frank Fang
  • FDIC Returned $40 Billion in US Treasury Funds, Reversing Withdrawal After SVB Takeover
    FDIC Returned $40 Billion in US Treasury Funds, Reversing Withdrawal After SVB Takeover
    WASHINGTON—The Federal Deposit Insurance Corp. (FDIC) deposited $40 billion back into the U.S. Treasury General Account on Tuesday, ...
    March 15, 2023BY Reuters
  • SVB Asks Customers to Bring Their Money Back to ‘Support the Future of This Institution’
    SVB Asks Customers to Bring Their Money Back to ‘Support the Future of This Institution’
    The Federal Deposit Insurance Corporation (FDIC) appointed a new head of what is now called the Silicon Valley ...
    March 15, 2023BY Bryan Jung
  • Should You Be Worried About Your Money in the Bank? Experts Sound Off
    Should You Be Worried About Your Money in the Bank? Experts Sound Off
    Some financial experts weighed in on whether Americans should feel worried about the safety of their money amid ...
    March 14, 2023BY Jack Phillips
  • ‘It Is a Bailout’: Former FDIC Chair Says of Special Treatment of Silicon Valley, Signature Bank
    ‘It Is a Bailout’: Former FDIC Chair Says of Special Treatment of Silicon Valley, Signature Bank
    Former Federal Deposit Insurance Corporation (FDIC) chair Sheila Bair has said that Silicon Valley Bank (SVB) received a "bailout" ...
    March 14, 2023BY Katabella Roberts
  • FDIC Transfers All Deposits From Failed Silicon Valley Bank to Newly Created ‘Bridge Bank,’ Names CEO
    FDIC Transfers All Deposits From Failed Silicon Valley Bank to Newly Created ‘Bridge Bank,’ Names CEO
    The U.S. Federal Deposit Insurance Corporation (FDIC) has transferred all deposits of Silicon Valley Bank (SVB), both insured and ...
    March 13, 2023BY Bryan Jung
  • FDIC Takes Control of Silicon Valley Bank After Its Collapse
    FDIC Takes Control of Silicon Valley Bank After Its Collapse
    The Federal Deposit Insurance Corporation (FDIC) has assumed control of Silicon Valley Bank (SVB) to protect depositors from losing ...
    March 10, 2023BY Bryan Jung
  • Federal Reserve Unveils Climate Risk Proposal for Big Banks for Public Comment
    Federal Reserve Unveils Climate Risk Proposal for Big Banks for Public Comment
    The Federal Reserve Board of Governors on Dec. 2 invited public comment on proposed principles for managing climate-related ...
    December 2, 2022BY Nathan Worcester
  • Supreme Court Stays Order Barring Executive From Banking Industry
    Supreme Court Stays Order Barring Executive From Banking Industry
    The Supreme Court has put a banker’s lifetime ban from the industry on hold while he pursues an ...
    September 30, 2022BY Matthew Vadum
  • American Banks Lost Record $370 Billion in Deposits in Second Quarter: FDIC
    American Banks Lost Record $370 Billion in Deposits in Second Quarter: FDIC
    American banks lost a record $370 billion in deposits in the second quarter, the first decline since 2018, ...
    September 14, 2022BY Bryan Jung
  • No, Your Crypto Isn’t FDIC Insured
    No, Your Crypto Isn’t FDIC Insured
    Commentary When Canadian cryptocurrency broker and lender Voyager Digital filed for bankruptcy in July, it created some confusion ...
    August 25, 2022BY Fan Yu
  • US Bank Profits Drop as Industry Slows Reductions in Credit Loss Provisions: FDIC
    US Bank Profits Drop as Industry Slows Reductions in Credit Loss Provisions: FDIC
    WASHINGTON—U.S. bank profits fell 8.3 percent to $70.4 billion in the second quarter of 2021 as firms slowed ...
    September 8, 2021BY Reuters
  • US Regulator Issues Final Rule Unveiling Non-Bank’s Path to Deposit License Approval
    US Regulator Issues Final Rule Unveiling Non-Bank’s Path to Deposit License Approval
    WASHINGTON—A federal banking regulator on Dec. 15 finalized new rules that should make it easier for non-bank companies ...
    December 16, 2020BY Reuters
  • What Happened to the Banks That Failed?
    What Happened to the Banks That Failed?
    Regulators should learn from the 2008 financial crisis about how best to handle failed banks.
    June 4, 2015BY Joao Granja
  • Don’t Forget Your Unclaimed Money (Part 1)
    Don’t Forget Your Unclaimed Money (Part 1)
    What happens to things you left behind—that utility deposit, or a deceased relative's safe deposit box?
    September 20, 2010BY Robin Kemker
  • S.C. Bank is 42nd Bank Failure in 2010
    S.C. Bank is 42nd Bank Failure in 2010
    Beach First National Bank, based in Myrtle Beach, S.C., was shuttered by regulators last Friday as it became ...
    April 11, 2010BY Epoch Times Staff
TOP NEWS
  • Japan Tightens Chipmaking Equipment Exports Amid US-China Tech Spat
    NEW By Aldgra Fredly
    Japan Tightens Chipmaking Equipment Exports Amid US-China Tech Spat
  • New Superfood? Mushrooms May Prevent Cognitive Impairment and Reduce Dementia Risk After COVID Infection
    NEW By Anne Lee and Dr. Hu Naiwen
    New Superfood? Mushrooms May Prevent Cognitive Impairment and Reduce Dementia Risk After COVID Infection
  • Does the Sun Cause or Prevent Cancer?
    2hr By Flora Zhao
    Does the Sun Cause or Prevent Cancer?
  • Fentanyl-Dealing California Police Union Official Charged
    2hr By Caden Pearson
    Fentanyl-Dealing California Police Union Official Charged
  • At Least 1 Dead, 28 Injured After Roof Collapses During Death Metal Concert in Illinois
    4hr By Caden Pearson
    At Least 1 Dead, 28 Injured After Roof Collapses During Death Metal Concert in Illinois
  • Trump ‘Feeling Very Sad for Our Country’ Amid Indictment: Spokesperson
    6hr By Mimi Nguyen Ly and Stefania Cox
    Trump ‘Feeling Very Sad for Our Country’ Amid Indictment: Spokesperson
  • US Electric Vehicle Tax Credits Get Tougher to Navigate
    7hr By Nathan Worcester
    US Electric Vehicle Tax Credits Get Tougher to Navigate
  • Trump Supporters Gather Near Mar-a-Lago to Support Former President After Indictment
    8hr By John Haughey
    Trump Supporters Gather Near Mar-a-Lago to Support Former President After Indictment
  • DOJ Won’t Retry Oath Keepers’ Operations Director on Felony Obstruction Count
    8hr By Joseph M. Hanneman
    DOJ Won’t Retry Oath Keepers’ Operations Director on Felony Obstruction Count
  • Who is Alvin Bragg? What You Need to Know About the Manhattan DA Who Indicted Trump
    8hr By Jana J. Pruet
    Who is Alvin Bragg? What You Need to Know About the Manhattan DA Who Indicted Trump
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