Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.

GAO gives FDIC clean audit opinions on funds, notes deficiencies in internal control over contract payment review processes
The Federal Deposit Insurance Corp. (FDIC) received clean audit opinions on the 2019 and 2020 financial statements for the two funds it manages but fell short on internal controls related to contract payment review processes, […]