The move by the Republican-led FDIC reverses efforts by prior Democratic leadership to apply stricter scrutiny to potential bank mergers.

FDIC says 2024 merger policy statement added uncertainty, proposes interim measure while conducting broader reevaluation.

Some advisors to President-elect Donald Trump have reportedly floated several ideas to gut regulations on banks, including one proposal to eliminate the Federal Deposit Insurance Corporation (FDIC).

Three months later, he signed the Glass-Steagall Act which created the FDIC, federally insuring deposits The Civil Conservation Corps was one of the New Deal’s most successful programs.

The FDIC firings mark the latest in a sweeping effort across the federal government, as thousands of new hires have been fired by the Trump administration as part of an effort to radically cut ...

There’s no new deadline for the firm to comply with the FDIC’s demands, but a deal might be reached in the coming weeks, said some of the people, who asked not to be identified discussing ...

March 3 (Reuters) - The Federal Deposit Insurance Corporation's board of directors approved a proposal Monday to roll back a Biden-era policy that ramped up the scrutiny of large bank mergers ...

FDIC Fires New Employees as Part of Broader Government Layoffs By Pete Schroeder WASHINGTON (Reuters) - Several employees were fired from the Federal Deposit Insurance Corporation Monday evening ...