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Federal Deposit Insurance Act: Federal Agency Efforts to Identify and Mitigate Systemic Risk from the March 2023 Bank Failures
January 23, 2025
WASHINGTON, Jan. 23 (TNSrep) -- The Government Accountability Office issued the following report:

Here are excerpts:

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Federal Deposit Insurance Act: Federal Agency Efforts to Identify and Mitigate Systemic Risk from the March 2023 Bank Failures

Fast Facts

The Federal Deposit Insurance Corporation can protect uninsured deposits at a failed bank if the Treasury secretary determines that doing so would mitigat . . .

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