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Regulatory Rollbacks and The Bank Panic of 2023

Lever Time

00:00

Is the FDIC Trying to Whittle Away the Capital Regs?

Banks don't want to pay higher FDIC premiums, but there is $10 trillion of insured deposits. The implicit idea is that the federal government will swoop in on an ad hoc basis and create a universal deposit guarantee. So it seems like we're living in a world where everything is haphazard," he says.

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