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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by polygamous_bat on Sunday March 12, 2023 @11:08PM (#35130472)
> Why is this not commonplace? Simply because the additional fee discourages it?

You actually answer this question in the second half, because banks have been treating the government as free unlimited insurance.

[ Parent | on HN ]
Re:Joint Statement by the Department of the Treasury, Federa... by po on Monday March 13, 2023 @09:34AM (#35135506)
I guess all the more reason for Yellen to mandate it.
[ Parent | on HN ]