FDIC’s acting chairman Hill releases agency priorities

1/22/2025

Acting FDIC chairman Travis Hill released his priorities for the agency in the months ahead. He pledged to reassess the FDIC’s approach to evaluating proposed bank mergers, adopt a more flexible stance toward banks implementing new technologies, and roll back certain Biden-era proposed regulations, including those addressing brokered deposits and corporate governance.

Hill announced that the FDIC will revise its merger policy to ensure that transactions complying with the Bank Merger Act are approved promptly. He emphasized the agency’s commitment to fostering greater transparency in fintech partnerships, as well as in areas like digital assets and tokenization. Additionally, the FDIC plans to address rising technology costs that are deemed burdensome for community banks. Learn more of the agenda priorities.