National Taxpayers Union: New Bill to Increase FDIC Caps Would Disrupt Banking Market, Lead to Higher Fees
March 27, 2026
March 27, 2026
ALEXANDRIA, Virginia, March 27 -- The National Taxpayers Union issued the following news release on March 26, 2026:
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New Bill to Increase FDIC Caps Would Disrupt Banking Market, Lead to Higher Fees
National Taxpayers Union Vice President for Federal Affairs Tommy Aiello on Thursday announced opposition to new legislation that would raise federal deposit insurance limits from $250,000 to $5 million, a 2,000% increase.
The Main Street Depos . . .
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New Bill to Increase FDIC Caps Would Disrupt Banking Market, Lead to Higher Fees
National Taxpayers Union Vice President for Federal Affairs Tommy Aiello on Thursday announced opposition to new legislation that would raise federal deposit insurance limits from $250,000 to $5 million, a 2,000% increase.
The Main Street Depos . . .