Four senators argued DOGE’s presence could threaten the $137 billion Deposit Insurance Fund, potentially undermining the FDIC ...

New bank formation has “fallen off a cliff,” Federal Deposit Insurance Corp. Acting Chair Travis Hill said Tuesday in a speech to the American Bankers Association’s Washington Summit.

On Tuesday, Travis was hailed as the 2025 Creators Leadership Award honoree at the annual Grammys on the Hill event, which pairs the music industry with Congress to advocate for artists’ rights.