The Latest Breaking News from FDIC

The fintech company has checking and savings accounts but no money market or CDs.

Penalty-free CDs but limited account options and steep deposit requirements.

Digital bank Cogni appears to be the first FDIC-insured bank to offer a noncustodial wallet to customers.

In two votes Monday, the Senate confirmed three members of the FDIC board and one of them, Martin Gruenberg, to become chairman.

Green Dot review: The bank offers 2% APY on high-yield savings but no checking, money market, and certificate of deposit accounts.

Varo Bank offers only a few products, but for no-frills customers, this online-bank could be the right fit.

The Fortune Recommends top 10 picks for the best high-yield savings accounts offers customers the chance to earn over 4% APY.

The APYs on Brio’s savings is 3.75% while its CDs go as high as 4%.

Bread Savings offers a 3.5% APY on savings and up to 4.75% on CDs.

WASHINGTON — Congress opted to tread water on legislation that would clarify the agency in charge of the cryptocurrency industry, leaving lawmakers now without a regulator to blame for missing the signs of the FTX collapse this month and facing deep skepticism about some proposals.

FTX founder Sam Bankman-Fried’s prominence on Capitol Hill is said to have tainted bills deemed too favorable to the cryptocurrency industry.