Travis Hill, chair of the US Federal Deposit Insurance Corporation (FDIC), confirmed that, in his opinion, a law passed in ...

The Federal Deposit Insurance Corp. rolled back a 2009 policy that banned nonbanks from buying failed banks, a move the agency says it aims to widen the bidder pool and cut failure costs.

FDIC says stablecoin holders will not qualify for federal deposit insurance under new US rules, leaving digital dollar users without the protections given to traditional bank deposits.

Payment stablecoin holders won’t be eligible for federal deposit insurance even if their assets are held at insured banks, the federal regulator charged with overseeing the bank backstop said.

Federal Deposit Insurance Corp. Chair Travis Hill said in remarks Wednesday that privacy and know-your-customer gaps remain ...

On March 11, FDIC Chairman Travis Hill spoke at a banking industry summit, where he outlined a forthcoming proposal that would clarify that ...

FDIC chief says stablecoins will not qualify for deposit insurance under the GENIUS Act, including pass-through coverage.

FDIC Chair Travis Hill is proposing that stablecoins should not get any form of insurance as the regulator moves to implement ...

Worried about whether your cash is safe at your bank? You’re not alone. When Gallup surveyed Americans about their feelings regarding bank safety after the 2023 failures of Silicon Valley Bank and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

The Federal Deposit Insurance Corporation (FDIC), once a trusted pillar of financial stability, now finds itself navigating the turbulent waters of innovation and regulatory reform. Recent remarks by ...