Warren says proposal to lift FDIC insurance cap has "got to be on the table right now"

Sen. Elizabeth Warren says proposal to lift FDIC insurance cap has "got to be on the table right now"

Sen. Elizabeth Warren tells "Face the Nation" that she is calling for Congress to introduce more regulation for the banking industry after the two banks failed earlier this month. "I think lifting the FDIC insurance cap is a good move," she said.
Mar. 19, 2023 - Home - CBSNews.com - Top stories

Warren says Congress should raise FDIC insurance cap

Sen. Elizabeth Warren (D-Mass.) said during an interview on Sunday that Congress should lift the cap on federal insurance on bank deposits from $250,000, as lawmakers mull policy changes in the aftermath of the historic collapse of Silicon Valley ...
Mar. 19, 2023 - Just In News | The Hill - Politics

Warren says $250,000 cap in deposit insurance for banks should be reexamined

Sen. Elizabeth Warren (D-Mass.) on Wednesday said the $250,000 cap on deposit insurance should be reexamined to better suit small business and nonprofit organizations. "I think that we should reexamine, just overall, about why we have limits at ...
Mar. 15, 2023 - Just In News | The Hill - Politics

Congress weighs raising FDIC insurance cap

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Congress weighs raising FDIC insurance cap Lawmakers are considering raising the Federal Deposit Insurance Corp.’s (FDIC) $250,000 ...
Mar. 20, 2023 - Just In News | The Hill - Politics

Community bankers cheer ‘courageous’ moves to backstop deposits but stay mum on lifting insurance caps

The banking industry breathed a collective sigh of relief this week amid signs that regulators have averted a potential crisis.
Mar. 23, 2023 - MarketWatch.com - Top Stories - Business

Guarantee for all bank deposits should be on the table, ex-FDIC chief Bair says

U.S. authorities should ask for a 'blanket backstop' against uninsured deposits if they see a systemic problem, a former top regulator said Friday.
Mar. 17, 2023 - MarketWatch.com - Top Stories - Business

Deep Dive: NYCB’s sweetheart deal with the FDIC may take a dividend cut off the table

New York Community Bancorp's shares soared after the company agreed to buy deposits and loans from the failed Signature Bank of New York.
Mar. 20, 2023 - MarketWatch.com - Top Stories - Business

Nashville school shooting updates: Governor says now's not time to talk legislation

Tennessee Gov. Bill Lee has called for prayers in the wake of a Nashville school shooting while noting that "there will be a time to talk about the legislation."
3 hours ago - ABC News: Top Stories - Top stories

Raise FDIC Insurance Limit

“The current $250,000 limit should be adjusted to around $672,500.”
Mar. 28, 2023 - WSJ.com: World News - World

Beyond FDIC insurance: How protected is your money outside of banks?

Just as stock market turmoil is a good reminder to make sure your investment portfolio is diversified, a few surprise bank failures is a good excuse to find out whether your financial accounts — not just your checking and savings accounts — are ...
Mar. 28, 2023 - CNN.com - RSS Channel - HP Hero - Top stories

Malkin's late goal lifts Penguins past Ovechkin, Caps 4-3

Evgeni Malkin beat Darcy Kuemper on a breakaway with 1:20 left in regulation to lift the Pittsburgh Penguins over the Washington Capitals 4-3
Mar. 26, 2023 - ABC News: Sports - Sports - NHL

Bipartisan Senate duo reignites efforts to cap private insurance insulin cost at $35

A bipartisan Senate duo is working to reignite efforts to cap the cost of insulin for everyone with private insurance, rather than just Medicare. Updated legislation introduced by Sens. Raphael Warnock (D-Ga.) and John Kennedy (R-La.) on Thursday ...
Mar. 23, 2023 - Just In News | The Hill - Politics

What to know about bank deposits and the FDIC Deposit Insurance Fund

The two banks suddenly collapsed last week, but the federal government quickly said that depositors would not lose their money.
Mar. 16, 2023 - Home - CBSNews.com - Top stories

United Malt Gets A$1.5 Billion Takeover Proposal From Malteries Soufflet

The indicative non-binding proposal was worth A$5.00 a share in cash, United Malt said.
Mar. 27, 2023 - WSJ.com: World News - World

Brett Arends's ROI: Would you believe that health insurance is getting cheaper?

Did you know that health insurance premiums fell 4.1% last month, and are down nearly 5% from a year ago?
Mar. 15, 2023 - MarketWatch.com - Top Stories - Business

Dem Caucus chair says TikTok ban is still on the table

As a growing number of liberal Democrats come out in opposition to a TikTok ban, the chairman of the House Democratic Caucus said Tuesday that such a blockade remains a possibility. "I don't think anybody's closing any door at this point," Rep. ...
Mar. 28, 2023 - Just In News | The Hill - Politics - Tiktok

Retired general identifies one thing he says would bring Putin to negotiating table

Former NATO Supreme Allied Commander retired Gen. Wesley Clark discusses Ukraine's choices as they eye a counteroffensive against Russia in the besieged city of Bakhmut.
Mar. 23, 2023 - CNN.com - RSS Channel - HP Hero - Top stories

What Liberal Catholicism Gets Right

On the obvious limits of the church’s infallibility.
Mar. 17, 2023 - NYT > Top Stories - Top stories

SoFi says it will let members increase their FDIC insurance to $2 million for checking and savings

SoFi says Wednesday that those with its checking or savings accounts will be able to access up to $2 million of FDIC insurance.
Mar. 22, 2023 - MarketWatch.com - Top Stories - Business

Outside the Box: No regulation or law can fix incompetent bank management, former FDIC chief says

Successful and stable banks all possess the same traits, which include superior management and a high-quality board of directors, writes Donald E. Powell.
Mar. 28, 2023 - MarketWatch.com - Top Stories - Business

Silicon Valley Bank assets to be sold to First Citizens, FDIC says

First Citizens Bank will buy about $72 billion in assets from the failed Silicon Valley Bank, the Federal Deposit Insurance Corporation said.
Mar. 27, 2023 - ABC News: Top Stories - Top stories

First Citizens Bank buying SVB's deposits and loans, FDIC says

Silicon Valley Bank failed earlier this month after a sudden run on deposits, prompting regulators to seize control and sparking global fears about the sector.
Mar. 27, 2023 - Home - CBSNews.com - Top stories

SVB Financial says FDIC has seized almost $2 billion of its deposits: report

The parent company of failed Silicon Valley Bank cannot access about $2 billion in its deposits to the bank because the company's accounts were frozen by federal regulators, the Wall Street Journal reported late Tuesday.
Mar. 21, 2023 - MarketWatch.com - Top Stories - Business

Flagstar Bank to take over most of Signature Bank’s deposits, FDIC says

Flagstar Bank, a subsidiary of New York Community Bankcorp Inc., on Sunday agreed to assume most of Signature Bank's deposits and some of its loans.
Mar. 19, 2023 - MarketWatch.com - Top Stories - Business

Golf balls rule proposal sparks controversy: 'So bad for the game,' says Justin Thomas

The R&A and United States Golf Association (USGA) held a press conference Tuesday to announce their proposals to roll back the distances that golf balls can fly at elite tournaments.
Mar. 18, 2023 - CNN.com - RSS Channel - HP Hero - Top stories

Date:	Mar. 19, 2023 10:03 AM ET
Link:	More at "CBS News"
Source:	Home - CBSNews.com - cbsnews.com
Category:	Top stories