Regulators announced a plan to raise deposit insurance coverage, promising greater protection for savers if a bank fails. The ...
House Financial Services Committee Chair Patrick McHenry, R-N.C., said Tuesday that it was "unlikely" that deposit insurance reform passes in the current Congress and that talks on deposit insurance ...
Standard FDIC and NCUA insurance covers up to $250,000 of deposits and interest earned on those deposits. Online-only banks also provide FDIC insurance, but fintech companies aren't part of the FDIC ...
Proposals are now circulating in Washington to increase deposit insurance limits radically, including the bill from Sens. Bill Hagerty (R-TN) and Angela Alsobrooks (D-MD) to boost coverage from ...
The Main Street Depositor Protection Act would expose taxpayers to enormous risk, eliminate crucial market discipline and primarily benefit wealthy corporations rather than ordinary Americans. The ...
WASHINGTON — The Federal Deposit Insurance Corp. board on Tuesday issued a proposed rule regarding custodial deposit accounts and finalized its policy on bank merger transactions. The FDIC's proposal ...
(Bloomberg) -- Lawmakers on a key European Parliament body approved Thursday the first step of a controversial plan to pool insurance for bank depositors. The committee on economic and monetary ...
Politicians in Washington have the shortest memories. Maybe that’s why they so seldom learn from their sometimes catastrophic mistakes. It was less than 20 years ago that the U.S. economy was ...
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