Global #FDIC

In a speech delivered Friday, FDIC Vice Chairman Michael J. Hsu stressed the need for clearer guidance on how banks should manage cryptocurrencies.

As President-elect Donald Trump prepares for his term, his team is exploring a bold and controversial idea: eliminating federal agencies like the Federal Deposit Insurance Corporation (FDIC).

In a recent advisory to his followers, financial educator Robert Kiyosaki has once again voiced his strong opposition to traditional banking systems, describing them as “corrupt” and vulnerable during financial crises.

Martin Gruenberg, the chairman of the FDIC, announced his intention to step down following a damning investigation exposing a toxic workplace culture within the bank regulator.