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Lucas and Bessent agree: Expanding deposit insurance strengthens the banking system
February 04, 2026
WASHINGTON, Feb. 4 -- Rep. Frank Lucas, R-Oklahoma, issued the following news release:

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Lucas and Bessent agree: Expanding deposit insurance strengthens the banking system

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Washington, DC - Today, the House Financial Services Committee held a hearing entitled, "The Annual Report of the Financial Stability Oversight Council" with Treasury Secretary Scott Bessent.

Congressman Frank D. Lucas and Secretary Bessent disc . . .

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