Chairman Scott Leads Hearing on Evaluating Deposit Insurance Reform
Senate Committee on Banking, Housing, and Urban Affairs · September 12, 2025
Senate Committee on Banking, Housing, and Urban Affairs held an oversight hearing on deposit insurance reform and a separate executive session reported the nomination of Stephen Myron to the Federal Reserve Board; senators and industry witnesses debated raising and indexing FDIC coverage and targeted protection for business transaction/payroll accounts (proposal discussed at $20,000,000).
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