Kim Perales<p>In response to a request from Sen Warren, the FDIC will review Trump’s move to lay off more workers there.</p><p>Backed by the Trump admin, Musk's <a href="https://toad.social/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>DOGE</span></a> reduced the FDIC staff by ~1,000 employees so far this year thru buyout offers & the layoffs of PROB employees.</p><p>The FDIC is already severely understaffed, which “threatens the stability of the banking system.”<br>-Sen Warren</p><p>The <a href="https://toad.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FDIC</span></a> IG likely placated her. The banking system is at risk under <a href="https://toad.social/tags/TrumpMusk" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TrumpMusk</span></a>.<br> <br><a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USPol</span></a> <a href="https://toad.social/tags/CaveatEmptor" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CaveatEmptor</span></a> <a href="https://www.cnbc.com/2025/02/20/elizabeth-warren-doge-purge-at-fdic-threaten-nations-banking-system.html" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">cnbc.com/2025/02/20/elizabeth-</span><span class="invisible">warren-doge-purge-at-fdic-threaten-nations-banking-system.html</span></a></p>