Which branch of government has authority over FDIC?

The FDIC is an independent agency created by Congress. Technically speaking, no branch has direct control over the FDIC because of its independent status. It is governed by a 5 member Board of Governors, who are not answerable to any government officials. They are appointed by the President, subject to confirmation by the Senate, but the President has no direct control over operations of the FDIC the way the President has control over the Departments of Treasury, War or State or any of their agencies.