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)
| Label | Occurrences |
|---|---|
| FDIC Board of Directors | 4 |
| Board of Directors of the FDIC canonical | 1 |
| FDIC Director | 1 |
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
board of directors
ⓘ
governing body ⓘ |
| appliesToSector |
banking
ⓘ
financial services ⓘ |
| canDelegateAuthorityTo |
Chairman of the Federal Deposit Insurance Corporation
ⓘ
surface form:
FDIC Chairman
FDIC operating divisions ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| governs | Federal Deposit Insurance Corporation ⓘ |
| hasExOfficioMember |
Office of the Comptroller of the Currency
ⓘ
surface form:
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
ⓘ
Office of the Comptroller of the Currency ⓘ
surface form:
Comptroller of the Currency
Director of the Consumer Financial Protection Bureau ⓘ Board of Directors of the FDIC self-linksurface differs ⓘ
surface form:
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 |
Deposit Insurance Fund
ⓘ
surface form:
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 ⓘ |
Referenced by (6)
Full triples — surface form annotated when it differs from this entity's canonical label.
Board of Directors of the FDIC
→
includesPosition
→
Board of Directors of the FDIC
self-linksurface differs
ⓘ
this entity surface form:
FDIC Director
this entity surface form:
FDIC Board of Directors
this entity surface form:
FDIC Board of Directors
Chairman of the Federal Deposit Insurance Corporation
→
chairpersonOf
→
Board of Directors of the FDIC
ⓘ
this entity surface form:
FDIC Board of Directors
this entity surface form:
FDIC Board of Directors