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Warner, Rounds Introduce Legislation to Support Financial Resilience
September 10, 2025
WASHINGTON, Sept. 10 -- Sen. Mark Warner, D-Virginia, issued the following news release:

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Warner, Rounds Introduce Legislation to Support Financial Resilience

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WASHINGTON - U.S. Sens. Mark R. Warner (D-VA) and Mike Rounds (R-SD) today introduced the Keeping Deposits Local Act, bipartisan legislation to modernize outdated rules on reciprocal deposits. Reciprocal deposits allow community banks to offer customers full FDIC insurance while ke . . .

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