On April 24, four members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs sent a letter to the FDIC requesting information regarding DOGE’s involvement at the FDIC. The senators are seeking information from Acting Chairman Travis Hill about DOGE’s activities and potential impacts at the Corporation. The letter highlighted DOGE’s history of dismantling government agencies and raised concerns about layoffs implemented at the FDIC, which the senators warned could lead to increased bank failures, compromised access to confidential information, and threats to the $137 billion Deposit Insurance Fund. The letter requested detailed information on DOGE’s access to FDIC buildings and systems, its involvement in confidential supervisory activities, and any data transfers out of the agency, among other items. The letter requested responses by May 8.
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