Utopia Talk - Politics - DOGE wants to eliminate the FDIC

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Utopia Talk / Politics / DOGE wants to eliminate the FDIC

murder
Member Fri Dec 13 17:28:02
Dec 12 (Reuters) - U.S. President-elect Donald Trump's transition team is exploring ways to significantly reduce, merge, or even eliminate the top bank regulators in Washington, the Wall Street Journal reported on Thursday citing people familiar with the matter.

Trump advisers and officials from the newly established Department of Government Efficiency (DOGE) inquired about the possibility of abolishing the Federal Deposit Insurance Corp (FDIC), according to the newspaper.

Advisers have asked the nominees under consideration for the FDIC, as well as the Office of the Comptroller of the Currency, if deposit insurance could be absorbed into the Treasury Department, the Journal said adding that any proposal to eliminate the FDIC or any agency would require congressional action.

http://www...lators-wsj-reports-2024-12-13/

murder
Member Fri Dec 13 17:28:51

This administration is going to be the most epic cluster fuck.
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murder Member	Fri Dec 13 17:28:02 Dec 12 (Reuters) - U.S. President-elect Donald Trump's transition team is exploring ways to significantly reduce, merge, or even eliminate the top bank regulators in Washington, the Wall Street Journal reported on Thursday citing people familiar with the matter. Trump advisers and officials from the newly established Department of Government Efficiency (DOGE) inquired about the possibility of abolishing the Federal Deposit Insurance Corp (FDIC), according to the newspaper. Advisers have asked the nominees under consideration for the FDIC, as well as the Office of the Comptroller of the Currency, if deposit insurance could be absorbed into the Treasury Department, the Journal said adding that any proposal to eliminate the FDIC or any agency would require congressional action. http://www...lators-wsj-reports-2024-12-13/
murder Member	Fri Dec 13 17:28:51 This administration is going to be the most epic cluster fuck. -
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