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FDIC releases report on options for deposit insurance reform

The FDIC releases a report on options for deposit insurance reform.FDIC suggests raising deposit insurance protection for payroll and business payment accountsTargeted approach seen as the best option for overhauling deposit-insurance systemOther options discussed: unlimited insurance for all bank accounts or raising the current $250,000 capBusiness payment accounts pose greater financial stability concernsRecent emergency decision guaranteed full recovery of funds for depositors at failed Silic... Read More

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Posted: May 1 2023, 18:11

Author Name: forexlive

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