6min chapter

Fintech Layer Cake cover image

Exploring FDIC and Bank Failures

Fintech Layer Cake

CHAPTER

The FDIC's Role in the Banking System

The FDIC provides deposit insurance and resolves banks through the diff, right? That's how it's funded. Losses to the diff occur, naturally, when there are bank failures. The FJC just a few days ago put out some proposals for how we think about deposit insurance. We don't know yet whether there'll be a change in the mix.

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