The House Financial Services Committee has begun to reexamine the foundations of American deposit insurance, opening a debate that blends questions of data, technology, risk, and political appetite.
Deposit insurance
Headline deposit guarantee to be increased to £110,000 ($141,900) and temporary high balance claims to £1.4m ($1.81m).
Questions about how to pay for the SVB and Signature Bank bailouts fuel debate.
The swift action taken to prevent bank runs raises deeper questions about the banking system itself.