Deposit insurance

Brendan Pedersen
April 16, 2020 6:11 PM

The plan first announced in February to update the deposit insurance sign and logo at bank teller stations and ATMs became just the latest regulatory effort slowed by the coronavirus pandemic.

1 Min Read
"We want to demonstrate that we do care for the American people in every way," House Speaker Nancy Pelosi said of the passage of the Coronavirus Aid, Relief, and Economic Security, or CARES.
Neil Haggerty
March 27, 2020 2:29 PM

The $2 trillion stimulus package, which the House passed earlier in the day, aims to expand Federal Reserve liquidity resources and provide financial institutions with some regulatory relief.

1 Min Read
“Your money is safe at the banks,” FDIC Chair Jelena McWilliams said in a video address on Tuesday. “The last thing you should be doing is pulling your money out of the banks now, thinking that it's going to be safe for someplace else.”
Brendan Pedersen
March 25, 2020 9:00 PM

While analysts agree banks are in better shape than in 2008, lawmakers are dusting off a crisis-era tool used by the Federal Deposit Insurance Corp. to soothe potential liquidity fears during the coronavirus pandemic.

4 Min Read
Policymakers agreed early Wednesday morning on a roughly $2 trillion package as Congress prepares to vote on the biggest aid package for businesses since the 2008 bank bailout in the midst of the financial crisis.
Neil Haggerty
March 25, 2020 12:18 PM

The $2 trillion deal passed by the Senate late Wednesday would aim to put banks and consumers alike on stronger financial footing as they weather the coronavirus pandemic.

4 Min Read