New York CNN —
The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks.
Today, during a time of distrust in government, the FDIC stands apart in the alphabet soup of bank regulators as a rare agency that many Americans trust. It has a long track record of protecting insured bank deposits, during good times and bad.
Yet it’s unclear whether the FDIC can survive Trump 2.0.
Sources told CNN’s Kayla Tausche that allies of President-elect
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