The US Senate confirmed President Trump’s nominees Joseph Gormley to become the next president of Ginnie Mae, Frank Cassidy as assistant secretary at the Department of Housing and Urban Development and commissioner of the Federal Housing Administration (FHA), and...
President Trump has nominated Travis Hill to serve as chairman of the Federal Deposit Insurance Corp. Hill has been serving as acting chairman since Jan. 20. He briefly served as vice chairman from Jan. 5 to Jan. 20. From 2018 to 2022, he was a senior advisor to the...
The Federal Deposit Insurance Corporation (FDIC) has done an about-face on how banks can engage with cryptocurrency-related activities. In a statement released today, Acting FDIC Chairman Travis Hill stated the regulatory agency was “actively reevaluating our...
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...