Re:U.S. lawmakers to examine merits of higher FDIC bank depo...
by dragonwriter on Sunday March 19, 2023 @03:53PM
(#35222867)
> Insuring unlimited amounts based on the whim of the fed while only charging insurance on the first 250k
The FDIC doesn’t charge insurance on only the amount of deposits covered by insurance. Prior to 2010, it did on all deposits, post 2010 under Dodd-Frank it expanded to all liabilities.
The FDIC doesn’t charge insurance on only the amount of deposits covered by insurance. Prior to 2010, it did on all deposits, post 2010 under Dodd-Frank it expanded to all liabilities.