Federal Deposit Insurance Corp.
Coverage of Federal Deposit Insurance Corp. in the Nexus archive.
- US government watchdog urges FDIC coordinate on crypto oversight
The US Government Accountability Office (GAO) has urged the Federal Deposit Insurance Corporation (FDIC) and other regulators to establish a coordination mechanism for addressing blockchain risks, as they currently lack such a system.
- Major US Banks Face Federal Probe Over Debanking Allegations
The Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency, and the Federal Housing Finance Agency are taking steps to impose a Dodd-Frank Act rule requiring banks to claw back executive pay for excessive risk-taking. The action addresses allegations of debanking against major US banks.
- US Lenders Posted Winning First Quarter, FDIC Says
US lenders reported strong first-quarter performance, according to the FDIC. The FDIC, along with the Office of the Comptroller of the Currency and the Federal Housing Finance Agency, announced initial steps toward implementing a Dodd-Frank Act rule requiring banks to claw back executive pay for excessive risk-taking.
- Crypto lobby backs formal removal of ‘reputation risk’ from bank examinations
The crypto industry lobby is advocating for the formal removal of 'reputation risk' from bank examinations, following a similar rule finalized by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. earlier this month.
- Fed, FDIC Finalize Changes Easing Community Bank Leverage Ratio
The Federal Reserve and FDIC have finalized changes to ease the Community Bank Leverage Ratio, aiming to simplify regulatory requirements for smaller banks. The update is expected to provide more flexibility for community banks while maintaining safety and soundness standards.