Fdic Board News Today : Breaking News, Live Updates & Top Stories | Vimarsana

made by cefc, a chinese energy firm. so, hunter biden's business associate rob walker. and then comer took it a step further noting that the money was then sent directly to accounts associated with the bidens. you think that would be the end of major bombshells for the week, but it wasn't. the one that was dropped wednesday, you simply won't believe. >> at the end of this i think we are weeing to say there are probably six or seven biden family members that were involved in various business schemes around the world. >> wow, well we knew about hunter, we knew about joe's brother james...

additional funding available t help banks meet the needs of their depositors this comes just days after the collapse of silicon valley bank nbc news producer garrett grew back joins me now. gary, what more. do we know >> we do have the statemen straight from -- we will read a portion of it t you now. after a recommendation from th board, the fdic in the federal reserve, and consulting with the president, secretary yelle improved actions enabling th fdic to complete its resolutio of silicon valley bank tha mirror that fully protects the depositors what does this mean? basically, the d...

mirror that fully protects the depositors what does this mean? basically, the depositors will have access to all of thei money starting tomorrow. and no losses associated wit the resolution of silico valley bank are going to b borne by the taxpayer. that is zero dollars there senior management of f s vp ar going to be completely removed from the company, according to treasury and they say that it i decisive action that wil protect the u.s. economy b strengthening public confidenc in the banking system. now, one big thing, th statement did not say wa anything about the sale of the ban...

Federal Deposit Insurance Corporation FDIC Board held open meeting on Tuesday to receive semiannual update on Deposit Insurance Fund Restoration Plan. FDIC amended DIF restoration plan with increase in base assessment rate charged to insured depository institutions.

Consultation with the presiden looked like? can you walk us through th tiktok of how this went down >> so, that language i designed to show that the fdic and the other regulators wer following the law. the financial reform require this kind of consultation in order for the fdic to do wha it just did. the fdic board, which is mad up of the -- currency, the cfpb director, and other fdic board members i addition to the chairman, they had to sign off on it. the treasury secretary had t sign off on it so did the president that's in dot frank. if they hadn't done that, they could be accused of follo...