Market
Will the FDIC's powers be significantly reduced by the end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Legislative or executive actions documented in official government publications
Story
Trump Team Considers Eliminating FDIC in December 2024 Amid Banking Regulation Overhaul, WSJ Reports
Dec 13, 2024, 09:50 AM
Donald Trump's transition team is reportedly considering significant changes to the regulatory landscape for banks, including the potential downsizing or elimination of key banking watchdogs such as the Federal Deposit Insurance Corporation (FDIC). This exploration of regulatory reform aligns with ongoing discussions among Trump's advisors regarding the future of banking regulations in the U.S. The Wall Street Journal has highlighted these developments, indicating a shift in the approach to financial oversight that could impact small and regional banks, which rely on the FDIC as a safety net against insolvency. Some analysts express skepticism about the feasibility of completely abolishing the FDIC, suggesting that while major changes may be possible, the complete elimination of such a crucial institution may be overly ambitious.
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No • 50%
Yes • 50%
Merged with another agency • 25%
Abolished • 25%
Restructured but remains independent • 25%
No significant changes • 25%
Moderate reduction • 25%
Significant reduction • 25%
No change • 25%
Expansion of functions • 25%
FDIC abolished • 25%
Other outcome • 25%
No change to FDIC • 25%
FDIC powers reduced • 25%
Integrated with OCC • 25%
Integrated with FRB • 25%
Integrated with both OCC and FRB • 25%
Not integrated • 25%
Yes • 50%
No • 50%