4884F5FB21DD4DCBEA754CCA1325BB9A2EFF0391B04F0E3166E3D63F5A1609BE v0uu0k US Officials Consider Expanding Deposit Insurance Coverage

US Officials Consider Expanding Deposit Insurance Coverage

US officials are discussing the possibility of expanding deposit insurance beyond the current cap of $250,000 to cover all bank deposits, according to Bloomberg. However, sources have said that such a move is not necessary at the moment, as recent steps taken by financial regulators are likely to be sufficient. This potential strategy is being considered in case the current situation worsens. (Read More)

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