The Federal Deposit Insurance Corp.’s top official on Wednesday told members of Congress that his agency plans to review its deposit insurance application process amid a furor among Republicans about the lack of new bank creation since the financial crisis. The Federal Direct Insurance Corporation ( FDIC ) is set to begin its deposit ##ory application process . The announcement comes as Republican politicians raise complaints concerning the lack of new federal deposits since the financial crisis .
The Federal Direct Insurance Corporation ( FDIC ) is set to begin its deposit ##ory application process . The announcement comes as Republican politicians raise complaints concerning the lack of new federal deposits since the financial crisis .