U.S. Government Studies Ways to Insure All Bank Deposits if Crisis Expands
Posted on 03/21/2023
After the bank failures of Silicon Valley Bank and Signature Bank, U.S. Treasury Department staff members are analyzing paths that could expand the scope of banking deposit insurance. The analysis includes a pathway to guarantee all U.S. bank deposits should the current banking crisis worsen. The current deposit insurance cap under the Federal Deposit Insurance…
