Trump and DOGE want to slash the FDIC's workforce by 20%, leaving fewer watchdogs on the beat to police Wall Street misconduct.
Remember: the FDIC was created during the Depression to protect people's deposit accounts.
Gutting it could lead to another financial meltdown.
Trump and DOGE want to slash the FDIC's workforce by 20%, leaving fewer watchdogs on the beat to police Wall Street misconduct.
Remember: the FDIC was created during the Depression to protect people's deposit accounts.
Gutting it could lead to another financial meltdown.