Scott Bessent and Elizabeth Warren both want to raise the deposit insurance cap. A Senate bill proposes a 40-fold increase.

As a consumer, any concern you have over a bank(s) failing is understandable. Here, we go over the FDIC's steps and how it ...

A proposed amendment to Congress would extend FDIC insurance to cover non-interest-bearing business transaction accounts. The Hagerty/Alsobrooks Amendment aims to protect funds used by small ...

While banks do fail or get bought at fire sale prices ... recorded a $178 million loss from Tricolor’s bankruptcy. That said, the big banks believe that any losses will be manageable and do not ...

Banks that got taxpayer bailouts paid back with interest, but financial authorities are warning it could happen again. Just five banks -- Goldman Sachs, JP Morgan Chase, Citigroup, Wells Fargo and ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Daniel Liberto is a journalist with over 10 years of experience working with ...