About the authors: Aaron Klein is the Miriam K. Carliner chair and senior fellow at Brookings Institution. He served as U.S. deputy assistant secretary of Treasury from 2009-12. Jill Castilla is ...
Regulators announced a plan to raise deposit insurance coverage, promising greater protection for savers if a bank fails. The move, unveiled today, is designed to steady confidence after recent market ...
— -- Savers who are frustrated with limits on federal deposit insurance could find temporary relief in the $700 billion financial rescue package pending on Capitol Hill. Lawmakers are considering ...
The Federal Deposit Insurance Corporation (FDIC) insures deposits of up to $250,000 per person, per ownership category, per bank. Bank networks, such as IntraFi Network Deposits and Impact Deposits ...
Senators Bill Hagerty and Angela Alsobrooks have introduced legislation that would raise the FDIC deposit insurance limit on noninterest-bearing transactions account balances from $250,000 to $10 ...
Officials from both parties are pushing to raise the FDIC insurance limit from $250,000 to $10 million. But not only millionaires would benefit. Money; Getty Images In a rare moment of bipartisan ...
Dallas Fed President Lorie K. Logan listed some arguments for raising the Federal Deposit Insurance Corp.’s $250K limit on bank customers’ insured deposits in a speech on Thursday at a Dallas Fed ...
Banks would face much higher assessments to bring the Deposit Insurance Fund's reserve ratio into compliance. Those costs would be reflected in higher fees and reduced availability of credit, writes ...
WASHINGTON — Consumer Financial Protection Bureau Director Rohit Chopra is asking Congress to reconsider deposit insurance limits after the failure of an Oklahoma bank will likely cause some to take a ...
FDIC insurance covers up to $250,000 per depositor, per bank, per ownership category — meaning a single person can protect far more than $250,000 by using different account types at the same ...