BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...
Yahoo Finance6d
Are money market accounts FDIC-insured?
These deposit accounts (not to be confused with money market funds) are offered by banks and credit unions, which means they're usually insured by the Federal Deposit Insurance Corp. (FDIC ...
Snopes.com26d
Project 2025 Proposes Eliminating the FDIC? Not Exactly
Project 2025 does not explicitly propose eliminating the ... a conservative think tank — would eliminate the Federal Deposit Insurance Corporation (FDIC) have been circulating on social media ...
bankingdive9d
FDIC asked for crypto ‘pause,’ not debanking, unredacted letters show
Letters released Friday tied to a court case between Coinbase and the FDIC show that the regulator asked banks to pause ...
CNN29d
‘One of the dumbest ideas’: Abolishing the FDIC could backfire on Trump and his allies
The Federal Deposit Insurance Corporation (FDIC ... told CNN it makes little sense to shut the FDIC and Congress is not likely to greenlight such a plan. “This idea would pose an enormous ...
Vanguard takes steps to convince the government it’s not too powerful
The FDIC director says a new "passivity agreement" with Vanguard is a victory over "the concentration of power in a few ...
What should you know about high-yield savings accounts before you open one?
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MSNBC25d
Why targeting the FDIC would mean economic disaster
This is not smart economics. The FDIC - the Federal Deposit Insurance Company – was created in 1934 during the Great Depression after thousands of banks began to fail. Those who didn't lose ...