Dive Deposits: The NCUA is not the Fed, DOJ says
Published . Updated .
An appeals court should reverse the reinstatement of two fired NCUA board members because the law doesn’t explicitly forbid the president from ousting them, the Justice Department argued.
Directly affected
- No company is named in this report.
Indirectly affected
- JPM JPMorgan Chase
Bank profits move with lending and interest rates
- BAC Bank of America
Bank profits move with lending and interest rates
- WFC Wells Fargo
Bank profits move with lending and interest rates
- C Citigroup
Bank profits move with lending and interest rates
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- GS Goldman Sachs
Bank profits move with lending and interest rates
- MS Morgan Stanley
Bank profits move with lending and interest rates
- XLF Financial Select Sector SPDR
A fund of financial companies
- KBE SPDR S&P Bank
A fund of bank stocks
Price reaction, T-5 to T+3
An appeals court should reverse the reinstatement of two fired NCUA board members because the law doesn’t explicitly forbid the president from ousting them, the Justice Department argued.
Source: Banking Dive
Direxion Daily Financial Bull 3X Etf (FAS) since this story, compared with the market
Since the first closing price after “Dive Deposits: The NCUA is not the Fed, DOJ says,” Direxion Daily Financial Bull 3X Etf (FAS) is +1.91%. The S&P 500 fund (SPY) is -0.09% over the same days, a +2.00% difference versus the market.
Who gains and who loses around Direxion Daily Financial Bull 3X Etf (FAS)
Companies mentioned with this story
- FAS Direxion Daily Financial Bull 3X Etf
Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Dive Deposits: The NCUA is not the Fed, DOJ says.” Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
How “Dive Deposits: The NCUA is not the Fed, DOJ says” reaches Direxion Daily Financial Bull 3X Etf (FAS)
The 23 Sep 2026 story “Dive Deposits: The NCUA is not the Fed, DOJ says” names Direxion Daily Financial Bull 3X Etf (FAS) because of this story.
For Direxion Daily Financial Bull 3X Etf (FAS), the reason on file says GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
Dates and price levels for Direxion Daily Financial Bull 3X Etf (FAS)
FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93.
A simple score for Direxion Daily Financial Bull 3X Etf (FAS)
14 out of 100
“Dive Deposits: The NCUA is not the Fed, DOJ says” scores 14 out of 100. The score uses 1 sources, and 1 linked companies.