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BlackRock seeks to push FDIC bank oversight deadline to March
BlackRock has asked the U.S. Federal Deposit Insurance Corporation to extend its deadline to reach an agreement on how the agency would oversee the giant asset manager's investments in FDIC-regulated banking organizations from Friday until March 31,
BlackRock wants FDIC to push back passivity agreement deadline to March
The asset manager’s head of U.S. regulatory affairs warned against “hastening the finalization of a completely new regulatory framework in a two-week period” in a letter to the regulator.
BlackRock Stares Down FDIC Before Deadline Over Bank Stakes
BlackRock Inc. is resisting the Federal Deposit Insurance Corp.’s demands that the world’s largest asset manager submit to new oversight of its stakes in US banks, seeking to delay negotiations into the Trump administration.
1h
Potential Trump pick to lead bank regulator signals lighter rulewriting touch
The potential next head of a U.S. banking regulator laid out a sweeping plan on Friday to adopt a lighter touch on the ...
20h
Millions of Americans don’t have bank accounts. Here’s where they live.
Where are Americans least likely to use a bank? Spokeo analyzed data from the FDIC to illustrate where banking is falling ...
3d
on MSN
Top Federal Reserve bank regulator, under fire from GOP, to step down next month
The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation ...
SCOTUSblog
1d
Heir to Chicago political dynasty brings his “false statement” charges to Supreme Court
The Supreme Court on Tuesday will hear the case of a former Chicago alderman, who served four months in a federal prison for ...
14d
FDIC workplace allegations: More than a third of employees report harassment, watchdog says
More than a third of employees surveyed at the U.S. Federal Deposit Insurance Corporation reported experiencing or witnessing ...
8d
What we can VERIFY about Project 2025 and the FDIC
Project 2025 proposes merging the FDIC with other federal banking agencies, but it’s unclear how that merger would affect government-backed deposit insurance.
decrypt
4d
Pro-Crypto Lawyer Deaton Calls for Congressional Probe Into FDIC Activity
Deaton contends some regulatory actions appear driven by political agendas rather than grounded in sound policy, echoing ...
3d
on MSN
Federal Reserve bank regulator Michael Barr to step down
The United States Federal Reserve’s Michael Barr is set to resign as vice chair for supervision — marking the latest exit by ...
4d
Savings rates are falling, but you can still get a great return with a high-yield savings account
“To maximize your earnings, consider diversifying your savings across numerous online savings accounts, and then allocate ...
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