The new Federal Deposit Insurance Corporation (FDIC) acting chair under President Donald Trump laid out a series of priorities aimed at streamlining the agency’s approach to bank oversight in a statement on Jan. 21.
Travis Hill was appointed Monday by Trump to succeed Martin Gruenberg in an acting role. He has previously served as the FDIC’s vice chair since 2023 and was a senior adviser to then-Chairman Jelena McWilliams.
“It is my honor and privilege to serve as Acting Chairman of the FDIC,” Hill said in the statement released by the agency. “While the FDIC faces a broad range of issues, and as always will fulfill our mandate to promote a safe, sound, and resilient banking system, below is a list of matters I expect the FDIC to focus on in the coming weeks and months.”
Hill’s newly announced agenda highlights changes to several high-profile policies. He intends to conduct a wholesale review of FDIC rules, including evaluating capital and liquidity requirements for banks.
He also plans to improve the merger approval process and replace the 2024 Statement of Policy, with the goal of approving transactions deemed to meet the Bank Merger Act in a more timely fashion. […]
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At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
