Federal Deposit Insurance Corp

The Federal Deposit Insurance Corporation (FDIC) is an independent agency established by Congress to ensure stability and public trust in the country's financial system. It insures deposits, supervises financial institutions for safety and soundness, and provides resources and analysis related to the banking industry.

In addition, the FDIC plays a crucial role in making large and complex financial institutions resolvable and managing receiverships. Its mission is to protect consumers, bankers, analysts, and other stakeholders through its oversight and regulatory functions.

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