Each government failure becomes an excuse to do more of what failed. It is sad but not surprising to see this expensive and destructive cycle of failure repeat itself with banking regulation.
Following a series of major bank failures in early 2023, federal policymakers have been pushing for more deposit insurance in order to avert the next financial crisis. Their solution is more likely to ...
New legislation in Congress vows to protect Main Street, but the specifics suggest something else entirely. The proposal, called the Main Street Depositor Protection Act, would raise the Federal ...
Congressman Dan Meuser (PA-09), a member of the House Financial Services Committee, recently introduced the Growing Deposit Insurance for the Future Act, legislation to ensure that federal deposit ...
Some deposit accounts offer FDIC protection beyond the standard $250,000 limit. CNBC Select explains what you need to know.