The Federal Deposit Insurance Corporation (FDIC) Board of Directors has approved a $2.49 billion operating budget for 2026, marking a reduction of $487 million, or 16.4%, compared to the previous year.
This decrease follows workforce optimization measures taken by the agency during the first half of 2025. The FDIC reviewed its staffing and identified areas where it could reduce personnel without affecting its core responsibilities.
According to the agency, “The approved budget continues to provide staffing and funding necessary to effectively execute the FDIC’s supervision, insurance, and resolution readiness functions to maintain stability and public confidence in the nation’s financial system.”
The FDIC says that despite reduced expenditures, it will continue supporting its main operations and receivership functions as part of its mission to safeguard the U.S. financial system.
