Paralegal Brief

BofA Ordered To Pay FDIC $540M For Underpaid Premiums

Law 360

APRIL 14, 2025

federal court has ruled that Bank of America must pay the Federal Deposit Insurance Corp. more than $540 million plus interest for underpaying its deposit insurance premiums, ending an eight-year-long case whose resolution was delayed in light of the U.S. A Washington, D.C.,

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FDIC Taps MoFo Atty To Monitor Workplace Transformation

Law 360

AUGUST 21, 2024

The Federal Deposit Insurance Corp. announced Wednesday that it has appointed a former prosecutor and veteran Morrison & Foerster LLP partner to serve as an independent monitor during the agency's efforts to revamp its workplace culture.

Depositions

FDIC Moves Closer To Suing Ex-Brass Of Silicon Valley Bank

Law 360

DECEMBER 18, 2024

Federal Deposit Insurance Corp. leaders have given a green light for the agency to potentially sue former top brass of Silicon Valley Bank for alleged mismanagement of the bank that led to its collapse last year.

Depositions

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FDIC's Foray Into Index Fund Rules Risks Regulatory Chaos

Law 360

OCTOBER 17, 2024

A proposed Federal Deposit Insurance Corp. rule concerning control over passive index fund investments in banks is outside the agency's remit, clashes with an existing Federal Reserve process and would inhibit competition in the index fund sector, says J.W. Verret at George Mason University.

Depositions

FDIC's Hill Calls For 'New Direction' In Preview Of Agenda

Law 360

JANUARY 10, 2025

Federal Deposit Insurance Corp. Vice Chairman Travis Hill signaled Friday that he intends to steer the agency in a "new direction" when he takes over as its acting chief later this month, mapping out plans for a more tech-friendly, lighter-touch approach.

Depositions

GOP Sens. Decry 'Lack Of Urgency' On FDIC Misconduct

Law 360

NOVEMBER 15, 2024

Six Republican senators wrote a letter to the Federal Deposit Insurance Corp. Fain asking for a briefing on the FDIC's progress investigating claims of widespread misconduct at the agency, asserting there has been "a shocking lack of urgency." Inspector General Jennifer L.

Depositions

SVB's $1.9B FDIC Suit Won't Open 'Floodgates,' Judge Says

Law 360

AUGUST 9, 2024

A California federal judge trimmed claims from the parent of Silicon Valley Bank's lawsuit against the Federal Deposit Insurance Corp. seeking $1.93

Depositions

FDIC Head Must Go To Change Status Quo, GOP Reps Say

Law 360

JUNE 12, 2024

House Republicans on Wednesday criticized Federal Deposit Insurance Corp. Chair Martin Gruenberg for not immediately resigning in the wake of a probe of the agency's workplace culture, but some Democrats took issue with the scope of a report on the investigation's findings while applauding his rumored successor.

Depositions

FDIC To Target Deals Creating Cos With $100B-Plus In Assets

Law 360

MARCH 21, 2024

The Federal Deposit Insurance Corp.

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Depositions Drafting

FDIC Must Clean House Amid Deep 'Rot,' GOP Sen. Says

Law 360

JANUARY 26, 2024

The Federal Deposit Insurance Corp. is facing fresh Republican scrutiny of its workplace policies following an agency attorney's guilty plea to child sexual exploitation charges, a case that U.S. Joni Ernst of Iowa slammed Friday as epitomizing deep "rot" inside the agency that must be rooted out.

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'Pissed Off,' 'You Need To Go': Reps Rip FDIC's Gruenberg

Law 360

MAY 15, 2024

Federal Deposit Insurance Corp. Chairman Martin Gruenberg took withering, bipartisan criticism over his agency's workplace misconduct scandal at a House hearing on Wednesday, although no new Democrats joined their Republican colleagues in directly calling for his resignation.

Depositions

FDIC's Gruenberg Scolded By Senators Over Agency Culture

Law 360

MAY 16, 2024

Federal Deposit Insurance Corp. Chairman Martin Gruenberg on Thursday faced a second round of congressional reprimand from both sides of the political aisle over his agency's workplace misconduct scandal, but Senate Democrats seemed ready to let Gruenberg clean up the mess himself and continue his tenure.

Depositions

FDIC Bank Merger Reviews Could Get More Burdensome

Law 360

APRIL 17, 2024

Recently proposed changes to the Federal Deposit Insurance Corp.

Depositions

Depositions Attorney

Key Priorities In FDIC Report On Resolving Big Bank Failures

Law 360

MAY 7, 2024

The Federal Deposit Insurance Corp.'s

Depositions

Depositions Attorney

Illinois man challenges nearly three-year denial of exercise in solitary confinement

SCOTUSBlog

FEBRUARY 17, 2023

In most state and federal prisons, a person held in solitary confinement is allowed regular access to physical activity. Federal Deposit Insurance Corp. Chenery Corp. Share The Petitions of the Week column highlights a selection of cert petitions recently filed in the Supreme Court. ” Cohen v.

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Depositions Court Court Rules Government

Catawba Indian Nation Passes Banking Code Intended to Attract Fintech Companies

Fordham Law News

JULY 26, 2023

3] The Catawba Nation says that it plans to work with federal banking regulators to make sure that tribally chartered banks comply with federal financial laws and receive the same treatment under federal law as state-chartered banks, including the ability to obtain FDIC deposit insurance. [4]

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Depositions Legal Legal Laws

The Shrinking Separation Between Big Tech and Banks

Fordham Law News

JANUARY 7, 2023

Federal agencies, like the Federal Deposit Insurance Corporation (the “FDIC”) and the Consumer Protection Financial Bureau (the “CFPB”), spearhead the mission of protecting consumers from banking failures and threats arising from financial service usage. [11] Current Regulatory Framework. The Next Steps.

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Depositions Contract Laws Technology

Justices take up “false statement” dispute and rare capital case

SCOTUSBlog

OCTOBER 4, 2024

In 2011, Thompson borrowed $110,000 from Washington Federal Bank for Savings, a small bank in Chicago’s Bridgeport neighborhood, where the Daley family made its name. Washington Federal Bank for Savings shut down in 2017 in the wake of an embezzlement scheme by the bank’s executives, and a few days after the bank’s president died by suicide.

Manufacturing

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Pledging 'Accountability,' Biden's FDIC Pick Faces Senate Test

Law 360

JULY 10, 2024

President Joe Biden's nominee to lead the Federal Deposit Insurance Corp. plans to stress her regulatory credentials and determination to fix the agency's troubled work culture when she goes before a U.S. Senate panel on Thursday for a confirmation hearing.

Depositions

Political Shift in the FDIC

Fordham Law News

FEBRUARY 28, 2022

Friday, February 4 th , marked Chairman Jelena McWilliams’ final day as head of the Federal Deposit Insurance Corporation (FDIC). 5] The agency has many duties such as examining and supervising financial institutions and managing receiverships, but it is most known for insuring consumers’ deposits at banks. [6]

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Separation of powers and mental health evidence in capital sentencing

SCOTUSBlog

MAY 18, 2023

Maloney , which raises the question whether individual members of Congress have Article III standing to sue an executive agency to compel it to disclose information that the members have requested under 5 U.S.C. Chenery Corp. which held that an agency’s action can be reviewed based only on its own reasoning.

Administrative Law

Administrative Law Depositions Court Contract

Demystifying President Trump’s “National Energy Emergency” and the Scope of Emergency Authority

ClimateChange-ClimateLaw

FEBRUARY 14, 2025

Nevertheless, based on the declared emergency, Trump directs agencies to bolster fossil fuel infrastructure through a series of actions described in the order. To accomplish this, the Executive Order instructs agencies to rely on any lawful emergency authorities available to them. Part 419 (under Clean Water Act) 40 C.F.R. 1742, 1748a.

Construction

Construction Depositions Laws Legal

Paralegal Brief

BofA Ordered To Pay FDIC $540M For Underpaid Premiums

FDIC Taps MoFo Atty To Monitor Workplace Transformation

Webinars

Trending Sources

FDIC Moves Closer To Suing Ex-Brass Of Silicon Valley Bank

Webinars

FDIC's Foray Into Index Fund Rules Risks Regulatory Chaos

FDIC's Hill Calls For 'New Direction' In Preview Of Agenda

GOP Sens. Decry 'Lack Of Urgency' On FDIC Misconduct

SVB's $1.9B FDIC Suit Won't Open 'Floodgates,' Judge Says

FDIC Head Must Go To Change Status Quo, GOP Reps Say

FDIC To Target Deals Creating Cos With $100B-Plus In Assets

FDIC Must Clean House Amid Deep 'Rot,' GOP Sen. Says

'Pissed Off,' 'You Need To Go': Reps Rip FDIC's Gruenberg

FDIC's Gruenberg Scolded By Senators Over Agency Culture

FDIC Bank Merger Reviews Could Get More Burdensome

Key Priorities In FDIC Report On Resolving Big Bank Failures

Illinois man challenges nearly three-year denial of exercise in solitary confinement

Catawba Indian Nation Passes Banking Code Intended to Attract Fintech Companies

The Shrinking Separation Between Big Tech and Banks

Justices take up “false statement” dispute and rare capital case

Pledging 'Accountability,' Biden's FDIC Pick Faces Senate Test

Political Shift in the FDIC

Separation of powers and mental health evidence in capital sentencing

Demystifying President Trump’s “National Energy Emergency” and the Scope of Emergency Authority

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