Posted inBanking and Financial Institutions Deposit Insurance Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) Federal Deposit Insurance Corp Law and Legislation Regulation and Deregulation of Industry Treasury Department
How Far Can Regulators Go to Protect Uninsured Deposits?
Regulators can protect deposits over $250,000 if they determine that a bank’s failure pose a systemic risk, but some lawmakers have pushed for more sweeping coverage.