Four Democratic senators are requesting an investigation into the Federal Deposit Insurance Corp.’s (FDIC) decision to rescind over 200 bank-examiner job offers, citing concerns about its potential impact on the banking system’s stability. The move follows a hiring freeze imposed by the Trump administration across federal agencies. Led by Senator Elizabeth Warren, the inquiry aims to assess whether the FDIC’s actions may have disrupted the regulatory workforce, raising questions about the agency’s ability to effectively monitor banks and ensure financial stability.
Source: https://www.bloomberg.com/news/articles/2025-02-11/us-senators-ask-fdic-s-inspector-general-to-probe-hiring-freeze