PRESS DIGEST -Wall Street Journal - February 12

Feb 12 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

- U.S. President Donald Trump's advisers and allies have examined whether it is possible to collapse the Federal Deposit Insurance Corp (FDIC) into the Treasury Department and have also discussed combining the FDIC's regulatory role with the Office of the Comptroller of the Currency under Treasury.

- Billionaire Elon Musk offered a lengthy explanation of his views on the federal government and made the case for his Department of Government Efficiency (DOGE) while appearing alongside U.S. President Trump in the Oval Office.

- Avis Budget's CAR.O Chief Executive Officer Joe Ferraro is stepping down and will be succeeded by Brian Choi, its chief transformation officer.

- IAC IAC.O is ready to move on from home-services company Angi ANGI.O, focusing instead on growing other business in its portfolio, such as digital-media firm Dotdash Meredith and caregiving marketplace Care.com.

- Federal air-safety officials want to permanently keep helicopters away from commercial jets taking off and landing at Ronald Reagan Washington National Airport after the deadliest U.S. aviation accident in more than two decades.

- A federal judge ordered the Trump administration to restore government health websites and data sets that had been modified or taken down.