FDIC recommends overhauling US insurance deposit system
The Federal Deposit Insurance Corp. is recommending the U.S. rethink its decades-old policy of insuring up to $250,000 in bank deposits and replace it with an overhaul that would allow regulators to cover higher amounts on a “targeted” basis.The proposed change appears to openly acknowledge that the FDIC is looking for ways to calm both depositors and markets as the organization contends with the third U.S. bank failure this year. First Republic…
Media Miss by the Right
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Learn more about this dataLeft 27%
Center 64%
Right 10%
Bias Distribution
95 other sources covering this story
Total News Sources
95
Leaning Left
17
Center
40
Leaning Right
6
Last Updated
11 months ago