Yellen To Reassure World That “Treasury Is Committed” To Bailing Out Regional Bank Depositors
March 21, 2023 at 09:02 AM EDT
The sound and fury of demands for universal deposit insurance are growing with Bill Ackman and Elon Musk the latest to join the calls for this ultimate step and as we detailed last night, Bloomberg reports Washington is studying just how to guarantee all $18 trillion in US deposits (with just $125 billion in the […] Source