The current and incoming chairmen of the House Financial Services Committee sent letters to financial regulatory agencies within the Biden administration warning them about last-minute “finalizing partisan rulemakings” ahead of the arrival of the Trump administration....
The Biden administration is reportedly planning to nominate Christy Goldsmith Romero as the next chairperson of the Federal Deposit Insurance Corporation (FDIC). Goldsmith Romero is a Democratic commissioner at the Commodity Futures Trading Commission (CFTC). If...
Martin Gruenberg has announced he will resign as chairman of the Federal Deposit Insurance Corp. (FDIC) following an investigation that determined the agency encouraged a workplace environment of sexual harassment, discrimination and bullying. In an internal email...
The Philadelphia-based Republic First Bank, which operated as Republic Bank, was closed on Friday night by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. This is the first bank...
Travis Hill is vice chairman of the Federal Deposit Insurance Corporation (FDIC). This article is edited and adapted from a recent presentation at the Mercatus Center entitled “Banking’s Next Chapter? Remarks on Tokenization and Other Issues” As we consider the...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
