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Guarantee for all bank deposits should be on the table, ex-FDIC chief Bair says

Por: MarketWatch Politics March 17, 2023

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Now see: But Bair said that if regulators were seeing a “truly systemic problem” with uninsured deposit withdrawals, they should go to Congress and get approval to backstop uninsured depositors at all banks. “If you do these one-offs,” she said, bailing out some banks but not others, “it creates uncertainty, and the ones that do not get the bailout are under more pressure.” Regulators including the FDIC on Sunday said Silicon Valley... + full article



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