Idaho A.G. Labrador Joins Multistate Coalition Opposing FDIC Special Assessment
August 04, 2023
August 04, 2023
BOISE, Idaho, Aug. 4 -- Idaho Attorney General Raul R. Labrador issued the following news release:
Attorney General Raul Labrador has joined a coalition of nine attorneys general urging the Federal Deposit Insurance Corporation (FDIC) to reverse course on its proposed rule to impose a special assessment on banking organizations. The would-be rule is an effort to recover the costs of bailing out elite depositors like venture capitalists and foreign nationals at Silicon Valley Bank (S . . .
Attorney General Raul Labrador has joined a coalition of nine attorneys general urging the Federal Deposit Insurance Corporation (FDIC) to reverse course on its proposed rule to impose a special assessment on banking organizations. The would-be rule is an effort to recover the costs of bailing out elite depositors like venture capitalists and foreign nationals at Silicon Valley Bank (S . . .