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Federal Deposit Insurance Corporation › Hiring & Firing › Employment Policies

The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain... more +
The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain stability and consumer confidence in the United States banking system by insuring deposits, monitoring the health of financial institutions and managing receiverships.  less -
Orrick, Herrington & Sutcliffe LLP

CFPB, FDIC and OCC respond to court ruling by reinstating probationary employees

Orrick, Herrington & Sutcliffe LLP on

On March 17, the CFPB, the FDIC, the OCC and other government agencies reportedly reinstated probationary employees that had been terminated as part of the Trump administration’s efforts to reduce the federal workforce....more

Orrick, Herrington & Sutcliffe LLP

FDIC reportedly orders employees to return to office

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On February 27, the FDIC reportedly ordered all employees to return to the office by the end of March, with few exceptions, as part of a workforce reduction plan. According to an all-staff email from Daniel H. Bendler, the...more

Orrick, Herrington & Sutcliffe LLP

FDIC OIG responds to senators’ letter on FDIC bank examiners

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On February 19, the Office of Inspector General (OIG) for the FDIC responded to a letter from Sen. Elizabeth Warren (D-MA) and others concerning the FDIC’s decision to rescind over 200 jobs for bank examiners. As previously...more

Orrick, Herrington & Sutcliffe LLP

FDIC parts ways with probationary employees

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On February 18, the FDIC will reportedly undergo significant workforce reductions and terminate approximately 170 probationary employees as part of ongoing personnel cuts at the Corporation. Probationary employees, who may...more

Katten Muchin Rosenman LLP

Six Federal Regulators Issue Final Interagency Policy Statement on Diversity Policies and Practices of Regulated Entities

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On June 9, the Federal Reserve Board, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, National Credit Union Administration, Office of the Comptroller of the Currency and Securities and Exchange...more

Ballard Spahr LLP

CFPB: Industry should “start now” to comply with workplace diversity and inclusion standards

Ballard Spahr LLP on

On June 26, 2014, I participated in a panel presentation at the MBA Strategic Markets and Diversity Summit, in Washington, D.C. Stuart Ishimaru, Director of the Consumer Financial Protection Bureau’s Office of Minority and...more

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