February 20, 2025

Senator Warren Statement on Securing Watchdog Probe into Impacts of FDIC’s Rescinding of More than 200 Bank Examiner Job Offers

Washington, D.C. – United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, released the following statement on the FDIC Inspector General’s response to her questions on reports that Acting Chairman, Travis Hill, is rescinding more than 200 job offers to bank examiners. 

“I’m pleased that the FDIC Inspector General will review the threats to the stability of the banking system caused by the Trump Administration’s recent buyouts, terminations, and job rescissions to bank examiners and other FDIC staff. These cuts threaten the reliability and integrity of federal deposit insurance and inhibit the FDIC’s capacity to ensure the stability and confidence that underpin our nation’s banking system.”