Regulators announced a plan to raise deposit insurance coverage, promising greater protection for savers if a bank fails. The ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Federal Deposit Insurance Corp. on Tuesday gave ...

FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...

It isn’t often that two senators as far apart ideologically as Republican Bill Hagerty of Tennessee and Democrat Angela Alsobrooks of Maryland get together on a piece of legislation. The bill they ...

Acting FDIC Chair Travis Hill said the agency is also working on a regime for stablecoin issuance and expects to issue a proposal for an application process by the end of year. The acting chair of the ...

Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...

Some bankers apparently think the "c" in the FDIC on their front door means insurance "cooperative," where they dictate their own premiums; the underlying designated reserve ratio, or DRR; and even ...

Proposals are now circulating in Washington to increase deposit insurance limits radically, including the bill from Sens. Bill Hagerty (R-TN) and Angela Alsobrooks (D-MD) to boost coverage from ...

Each government failure becomes an excuse to do more of what failed. It is sad but not surprising to see this expensive and destructive cycle of failure repeat itself with banking regulation.

Notice from the Federal Deposit Insurance Corporation that the New Jersey Title Guarantee and Trust Company has failed, is tacked up on the door of the $23,000,000 bank in Jersey City. Very little ...

Key insight: The Federal Deposit Insurance Corp. will let private equity and other nonbanks bid on failed banks to make resolutions faster and more competitive. Supporting data: The agency is ...