Feds looking at expanding FDIC coverage, sources

Feds looking at expanding FDIC coverage, sources

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U.S. officials are studying ways they might temporarily expand Federal Deposit Insurance Corp. coverage to all deposits, a move sought by a coalition of banks arguing that it’s needed to head off a potential financial crisis. Treasury Department staff are reviewing whether federal regulators have…

#treasurydepartment #michaelkikukawa #firstrepublicbank #treasury #janetyellen #fdic

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