The U.S. Federal Deposit Insurance Corp. has rolled out the first official rule proposal stemming from the new law governing stablecoin issuers, with its board voting Tuesday to open a 60-day public ...

The acting chief of the U.S. Federal Deposit Insurance Corp. said the banking regulator expects to start proposing rules for stablecoin issuers before the close of December, according to testimony ...

FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...

This is read by an automated voice. Please report any issues or inconsistencies here. Fast-food prices have risen so high that traffic from one of the industry’s core customer bases, low-income ...

New legislation in Congress vows to protect Main Street, but the specifics suggest something else entirely. The proposal, called the Main Street Depositor Protection Act, would raise the Federal ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Joseph Brooks of the FDIC Legal Division argued during a Tuesday hearing that only the FDIC could bring the claims asserted by Kessler Topaz Meltzer & Check and Bernstein Litowitz Berger & ...

An FDIC meeting will follow up on acting chair Travis Hill’s statements that he would support Trump’s executive order targeting “politicized or unlawful debanking activities.” The Federal Deposit ...

Longi has released a new lightweight solar module that weighs in at 16.3 kilograms, making it particularly well suited for commercial and industrial (C&I) rooftops with structural limitations. The ...

The week’s best and worst from Jason Riley, Allysia Finley and Dan Henninger While big banks get bigger, small ones disappear. So hats off to the Federal Deposit Insurance Corp. for proposing this ...