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Trump cuts FDIC budget amidst rumors of agency dismantling
Mar 10, 2026, 1:00 AM30
(Update: Mar 11, 2026, 11:42 AM)
society
controversial
impactful
Trump cuts FDIC budget amidst rumors of agency dismantling
- The FDIC's 2026 budget was reduced by 16.4% from the 2025 budget.
- Critics are concerned that budget cuts hinder the FDIC's ability to supervise banks and protect deposits.
- These changes may contribute to a gradual dismantling of the FDIC and increase the risk of a banking crisis.
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2026 All rights reserved
2026 All rights reserved