Braun And Hawley Introduce New Bill To Protect Consumers And Community Banks From Big Bank Failures
March 16, 2023
March 16, 2023
WASHINGTON, March 16 -- Sen. Mike Braun, R-Indiana, issued the following news release:
Following recent news of the Federal Deposit Insurance Corporation (FDIC) bailout of two failed banks, U.S. Senators Josh Hawley (R-Mo.) and Mike Braun (R-Ind.) introduced the Protecting Consumers from Bailouts Act to protect consumers from new fees and to force the big banks to face up to their mistakes. The Biden administration announced that they will impose "special assessment" fees . . .
Following recent news of the Federal Deposit Insurance Corporation (FDIC) bailout of two failed banks, U.S. Senators Josh Hawley (R-Mo.) and Mike Braun (R-Ind.) introduced the Protecting Consumers from Bailouts Act to protect consumers from new fees and to force the big banks to face up to their mistakes. The Biden administration announced that they will impose "special assessment" fees . . .