A top U.S. bank regulator told staff on Monday that it plans to cut its workforce by roughly 20% as part of the Trump ...

The investigation into Mackey began in January when federal investigators received a tip from Ohio's Internet Crimes Against ...

After a nearly decade-long lawsuit, the U.S.’s second-largest bank has been ordered to pay the Federal Deposit Insurance ...

The ruling comes after the Federal Deposit Insurance Corporation lawsuit accused the mega U.S. bank of failing to pay the ...

President Trump’s administration has proposed a new rule to reclassify thousands of federal workers and increase ...

A federal judge has ordered Bank of America to pay more than $540 million to resolve long-running litigation from a U.S.

Bank of America (BAC), the second-largest U.S. bank, has been ordered to pay $540.3 million to the Federal Deposit Insurance ...

The FDIC had claimed in its lawsuit over deposit insurance that Bank of America had “unjustly enriched itself at the FDIC’s ...

In February 2025, the Trump administration suspended operations at the Consumer Financial Protection Bureau (CFPB), a federal ...

Mackey has been an employee of the Federal Deposit Insurance Corporation (FDIC). ICE Homeland Security Investigations (HSI) is seeking to identify any additional victims or survivors. The FDIC ...

The Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) declined to comment on the report, while the U.S. Treasury did not immediately respond to Reuters requests for comment.

Jonathan Mackey, 46, an employee of the Federal Deposit Insurance Corporation, was arrested by U.S. Immigration and Customs Enforcement on charges related to the sexual exploitation of children.