Board of Directors of the FDIC

E44745

The Board of Directors of the FDIC is the governing body that sets policy, oversees operations, and makes key regulatory and supervisory decisions for the Federal Deposit Insurance Corporation.

All labels observed (3)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf board of directors
governing body
appliesToSector banking
financial services
canDelegateAuthorityTo FDIC Chairman
FDIC operating divisions
country United States
governs Federal Deposit Insurance Corporation
hasExOfficioMember Comptroller of the Currency
Director of the Consumer Financial Protection Bureau
hasLegalBasisIn Federal Deposit Insurance Act
hasNumberOfVotingMembers 5
hasPrimaryGoal maintain stability and public confidence in the U.S. financial system
protect depositors of insured banks
hasQuorumRequirement majority of members
includesPosition Chairman of the FDIC
Comptroller of the Currency
Director of the Consumer Financial Protection Bureau
FDIC Director
Vice Chairman of the FDIC
locatedIn Washington, D.C.
makesDecisionOn FDIC enforcement actions
FDIC regulations
bank supervision
deposit insurance
resolution of failed banks
meetsAt FDIC headquarters
memberAppointedBy President of the United States
memberConfirmedBy United States Senate
oversees FDIC deposit insurance fund
FDIC operations
FDIC risk management policies
publishes resolutions and policy statements
reportsTo United States Congress
responsibleFor adoption of FDIC regulations
approval of FDIC budget
approval of major enforcement actions
approval of resolutions of large or complex bank failures
overall direction of the FDIC
setting assessment rates for insured institutions
setsPolicyFor Federal Deposit Insurance Corporation
subjectTo administrative law requirements
federal banking law
subjectToOversightBy Government Accountability Office
United States Congress
termLengthForAppointedMembers 6 years
usesDecisionProcess majority vote

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Federal Deposit Insurance Corporation governedBy Board of Directors of the FDIC
Board of Directors of the FDIC includesPosition FDIC Director
linked to: Board of Directors of the FDIC
Deposit Insurance Fund administeredBy FDIC Board of Directors
linked to: Board of Directors of the FDIC
Chairman of the Federal Deposit Insurance Corporation memberOf FDIC Board of Directors
linked to: Board of Directors of the FDIC
Chairman of the Federal Deposit Insurance Corporation chairpersonOf FDIC Board of Directors
linked to: Board of Directors of the FDIC
FDIC operating divisions operatesUnderAuthorityOf FDIC Board of Directors
linked to: Board of Directors of the FDIC