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US Senators Ask FDIC’s Inspector General to Probe Hiring Freeze
Elizabeth Warren and three other US senators are asking the Federal Deposit Insurance Corp.’s inspector general to probe whether the agency’s decision to rescind more than 200 bank-examiner job offers threatens the stability of the banking system.
Democratic senators probe FDIC job-offer rescissions
Democratic senators asked the inspector general for the Federal Deposit Insurance Corp. to probe whether the agency's decision to revoke hundreds of job offers for bank examiners contradicted the IG's prior advice to bolster staff to prevent bank failures.
Four senators seek probe into FDIC hiring freeze
Senators urge FDIC review on rescinded job offers, citing risks to banking system stability. Learn how staffing impacts financial safety.
Warren calls for probe of FDIC rescinding job offers
Sen. Elizabeth Warren and three other senators called on the FDIC Office of Inspector General to look into the agency’s move to withdraw bank examiner job offers, given the staffing challenges the FDIC already faced.
1d
on MSN
Sen. Elizabeth Warren: Current FDIC staffing shortages 'threaten the safety and soundness of the banking system'
Sen. Elizabeth Warren said the FDIC should evaluate whether the decision to rescind job offers to bank examiners threatens ...
Pensions&Investments
4h
BlackRock, FDIC seek to end regulatory row over bank stakes
BlackRock and the Federal Deposit Insurance Corp. are trying to resolve a months-long dispute over the asset manager’s stakes ...
bankingdive
6h
Ex-FDIC official McKernan tapped to lead CFPB
The development came on a day when the bureau terminated roughly 70 probationary employees, including enforcement division ...
6d
Federal Judge Warns of 'Serious Sanctions' on FDIC Over Document Retention
If your Rule 30(b)(6) witness doesn’t know anything or is unresponsive, life will become very, very, very unpleasant for the ...
American Banker
2d
Jonathan McKernan exits FDIC
McKernan, a member of the Federal Deposit Insurance Corp.'s board of directors, offered measured resistance to Biden-era bank ...
bankingdive
22h
McKernan resigns from FDIC board
Jonathan McKernan is vacating his seat in keeping with an FDIC rule that no more than three board members be of the same ...
6d
FDIC releases documents related to supervision of crypto-related activities
FDIC officials are asking banks for details on how they may engage with cryptocurrency while maintaining appropriate ...
6d
FDIC Releases Documents That Probe Banks’ Crypto-Business Plans
The Federal Deposit Insurance Corp. released a trove of documents related to its supervision of US banks that were providing ...
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