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Gruenberg says FDIC on track to recoup deposit insurance losses as Congress gears up for regulatory battles

Martin Gruenberg
Martin Gruenberg, FDIC chair. Photo: Win McNamee/Getty Images

Martin Cloake

2 min read
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Questions about how to pay for the SVB and Signature Bank bailouts fuel debate.

Plans to bring the FDIC’s Deposit Insurance Fund (DIF) back to its minimum reserve ratio of 1.35% have not been blown off course by the $22.5bn cost of covering the deposits at SVB and Signature Bank, FDIC chair Martin Gruenberg said at the organization’s board meeting earlier this week. His

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