Today news
About the same in other media
11.04 - 16:01
11.04 - 14:35
31.03 - 08:53
Some Lawmakers Explore Expanding Bank Deposit Insurance
Reading now: 833
WASHINGTON—Some lawmakers and banks are discussing whether to expand deposit insurance after two banks collapsed this month, exploring an overhaul that some influential Republicans and Biden administration officials haven’t endorsed.
Federal regulators this month stepped in to guarantee all deposits at Silicon Valley Bank and Signature Bank, declaring them a systemic financial risk, in an effort to prevent a broader run on banks. Since then, many financial regulation experts and some lawmakers have said the U.S. should raise or suspend the limit on deposit insurance, currently set at $250,000 per depositor.
Read more on wsj.comAbout this in other media
World Bank Chief Calls Russia’s Arrest of Gershkovich a Brazen Act wsj.com /1 year ago
White House Calls for Tougher Midsize Bank Rules wsj.com /1 year ago
World Bank chief calls for dramatic hike in funding to help developing world theguardian.com /1 year ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
