Banking Industry Divides Over Deposit Insurance Fix

Also, advocacy group petitions SEC to expand accredited investor criteria; Comer digs into proxy proposals; Pham pushes for tokenized collateral

Sponsored by the Bank Policy Institute

Companies’ fears about making their payrolls helped spark the high-profile run on regional banks in 2023 – and led to calls for Congress to extend FDIC insurance to business accounts. The idea faded not long after the crisis waned, but oddly enough, it’s had a resurgence of late. And this time, it has some bipartisa…