Scott Bessent and Elizabeth Warren both want to raise the deposit insurance cap. A Senate bill proposes a 40-fold increase.
WASHINGTON, DC - DECEMBER 06: Jamie Dimon, Chairman and CEO of JPMorgan Chase, testifies during a Senate Banking Committee hearing at the Hart Senate Office Building on December 06, 2023 in Washington ...
The bill comes 10 years to the day Bush signed his big bank bailout into law. Bernie Sanders introduced a bill to break up America's largest financial institutions on Wednesday, exactly 10 years after ...