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Trump's transition team, FDIC, OCC, and the Treasury department did not immediately respond to Reuters' request for comment. Trump advisers seek to shrink or eliminate bank regulators, WSJ reports ...
Rodriguez v. FDIC was a United States Supreme Court case (589 U.S. ____ (2020)) in which the court held that the Bob Richards rule was not appropriately crafted and federal judges should not apply it when resolving disputes about tax allocations to members of an affiliated group filing a consolidated return.
Martin Gruenberg, the Chairman of the Federal Deposit Insurance Corporation is facing a barrage of calls from lawmakers to resign after a scathing 234-page report released Tuesday detailed ...
The chair of the FDIC told a Senate committee Tuesday that he was 'personally disturbed' by a report of sexual harassment and a toxic culture at the regulatory agency.
In direct response to election changes related to the COVID-19 pandemic and 2020 United States presidential election in Georgia; the Donald Trump 2020 presidential campaign launched numerous civil lawsuits contesting the election processes of Georgia. All of these were either dismissed or dropped. The State of Georgia v.
In February 2023, Timothy J. Heaphy, the top investigator on the January 6 House select committee, said he expected "indictments both in Georgia and at the federal level.” [67] In May 2023, Georgia Republicans enacted a law that created a commission empowered to discipline or remove state prosecutors who were alleged to have violated their ...
The FDIC did not respond to a request for comment on Thursday afternoon, but told the Journal it took the matter very seriously and that an outside law firm would conduct an internal review.
The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012. [2] In contrast, in the five years prior to 2008, only 10 banks failed. [ 2 ] [ 3 ] At the end of 2022, the US banking industry had a total of about $620 billion in unrealized losses as a result of investments weakened by rising interest rates.