Some advisors to President-elect Donald Trump have reportedly floated several ideas to gut regulations on banks, including one proposal to eliminate the Federal Deposit Insurance Corporation (FDIC).

The U.S. District Court for the District of Columbia delivered a scathing reprimand to the Federal Deposit Insurance Corp. for its response to a Freedom of Information Act request and subsequent ...

There was no national deposit insurance system in the U.S. at that time. Recognizing the need to protect bank depositors, President Franklin Roosevelt signed the Banking Act of 1933 (aka the Glass ...