The U.S. Federal Deposit Insurance Corporation (FDIC) issued a final rule to change the leverage capital requirements for both large and community banks. The agency said the modification will ”reduce ...
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Big Banks Are Fighting a New $10 Million FDIC Cap
In a nightmare scenario for the nation’s biggest banks, Treasury Secretary Scott Bessent and Sen. Elizabeth Warren (D., Mass.) both want to raise the $250,000 limit on insured deposits. That unlikely ...
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 ...
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