By Neil Roland ( June 9, 2026, 20:57 GMT | Insight) -- Travis Hill, the head of the US Federal Deposit Insurance Corp., unveiled preparations to scale back resolution plan requirements for large banks and to reduce these firms’ deposit insurance assessments. As part of the multi-faceted approach, Hill said the agency also may reduce the amount of data that “troubled banks” must maintain so they can come into compliance with FDIC rules within 270 days. Another component of the plan is for inclusion of nonbanks in the bidding process for ailing banks by enabling them to partner with bank bidders or buy pools of failed banks’ assets, Hill said..Travis Hill, the head of the US Federal Deposit Insurance Corp., unveiled preparations to scale back resolution plan requirements for large banks and to reduce these firms’ deposit insurance assessments....
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