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US government agency providing deposit insurance
Fraudsters obtain BINs from breached datasets, insider leaks, and specialized underground markets, then validate them by low-value test transactions and automated “checkers” or balance lookups to find...
Impostor Mega Millions scams typically contact targets by phone, text, or email claiming they’ve won a large prize and then demand fees, “insurance,” taxes, or other payments to release winnings; vict...
The Department of Government Efficiency (DOGE) publicly claimed large, headline-grabbing savings—figures that ranged from tens to hundreds of billions on its online “wall of receipts”—but multiple ind...
Surviving spouses’ Dependency and Indemnity Compensation (DIC) payments rose with Social Security COLA adjustments: a 2.5% increase made 2025 base spouse DIC about $1,653 (effective Dec. 1, 2024) and ...
Federal deficits were essentially flat from FY2024 to FY2025: most official tallies put both years at about $1.8 trillion, with FY2025 recorded as $8–$41 billion lower than FY2024 depending on the rep...
Since 2025 the federal debt climbed mainly because large annual deficits continued to add new borrowing, the government’s interest costs surged as debt outstanding and market interest rates rose, and ...
Advance-fee “you’ve won” scams tell victims they won Mega Millions prizes they never bought, then demand upfront “taxes,” “processing” or other fees; Mega Millions and state lotteries say there is nev...
JPMorgan Chase bought the substantial majority of First Republic’s assets and assumed its deposits (insured and uninsured) after the FDIC seized the bank on May 1, 2023; JPMorgan said it is assuming a...
Scammers routinely pose as Mega Millions to extract fees or personal data; Mega Millions officials say you cannot win without buying a U.S. ticket and “there is never a fee to claim a real lottery pri...
Scams impersonating Mega Millions in 2025 continue long‑standing patterns — fake emails, texts and phone calls promising prizes and insisting on advance fees — but reporting and industry analysis show...
The Supreme Court created the Bivens cause of action in Bivens v. Six Unknown Named Agents , then extended it only twice in the 1970s before sharply curtailing its reach in the 21st century; recent de...
A conventional financial “reset” — a banking collapse, sovereign debt shock, or systemic overhaul — would not automatically wipe out insured deposits or properly held retirement assets because federal...
Two large bank settlements tied to Jeffrey Epstein — Deutsche Bank’s $75 million deal and JPMorgan’s $290 million deal — created centralized victim-compensation funds that used court‑supervised claims...
Most payment instruments that get flagged or deactivated quickly are those that leave high-speed, machine-readable trails or are monitored in real time: payment cards used in card‑not‑present (CNP) tr...
The administration completed a mix of deregulatory directives, targeted rollbacks, and aggressive new rulemaking initiatives across defense, energy, financial markets, and consumer product policy in 2...
CVV/CCV codes help reduce card‑not‑present fraud but are not foolproof: industry guides and vendor materials say CVV is a core check used at authorization and many gateways let merchants reject mismat...
Sen. John Kennedy has posted multiple reports and documents on his Senate website, including an FDIC-related report he released after pressing the agency; the press release links to the full text on h...
Federal anti‑money‑laundering obligations for entities that function like financial institutions are rooted in the Bank Secrecy Act (BSA) and in statutes such as the Anti‑Money‑Laundering Act of 2020,...
Legal protections for bank deposits and many retirement accounts exist domestically but depend on the legal regime and the nature of the reform: bank deposit insurance (FDIC/FSCS-style) protects cash ...
Senator John Kennedy cited a report produced by the Federal Deposit Insurance Corporation (FDIC) in his public materials and press release about FDIC workplace misconduct and reforms (Kennedy’s office...