A government-wide hiring freeze is adding to a staffing shortage at the Federal Deposit Insurance Corp., complicating the ...
Travis Hill became the Acting Chairman of the Federal Deposit Insurance Corporation (FDIC). Following his remarks on FDIC ...
The FDIC pointed to the bank's reliance on unhedged, interest rate-sensitive assets, such as long-term U.S. Treasuries and mortgage-backed securities, despite rising interest rates. It also flagged a ...
He has served as the FDIC's vice chair since 2023. He previously was a senior adviser to then-FDIC Chairman Jelena McWilliams, who led the agency during Trump's first term. Hill takes over from ...
The FDIC found favorably on those factors as well as additional requirements applicable to the transaction as an interstate merger under section 44 of the Federal Deposit Insurance Act.
Strong Growth in Deposits, Business Loans and Capital Ratios on a Year-Over-Year BasisNet Interest Margin Expands by 29 basis points on a Linked ...
By Pete Schroeder WASHINGTON (Reuters) -Newly sworn-in President Donald Trump on Monday appointed Federal Deposit Insurance ...
Hill said he expects the FDIC to resist implementing climate-focused disclosure requirements under new leadership. On the supervisory side, Hill advocated that bank examiners focus less on procedural ...
BSA/AML, fair lending and mapping compliance to controls are expected to be the focus of examiners’ review ... Deposit Insurance Corporation (“FDIC”), the Office of the Comptroller of ...
They suggest that while FDIC examiners have been cautious towards the crypto sector, which has been beset by scams, bankruptcies and volatility, they did not order banks to entirely cut off the ...