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Will Trump's administration eliminate the FDIC by the end of 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from the Trump administration or relevant government agency
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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Yes • 50%
No • 50%
FDIC abolished • 25%
FDIC powers reduced • 25%
No change to FDIC • 25%
Other outcome • 25%
Abolished • 25%
Merged with another agency • 25%
Restructured but remains independent • 25%
No significant changes • 25%
Banking industry executive • 25%
Current FDIC official • 25%
Academic or economist • 25%
Other • 25%
Yes • 50%
No • 50%
FDIC • 25%
Treasury Department • 25%
A new agency • 25%
Other • 25%