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The FDIC Is Exploring How to Insure All U.S. Bank Deposits

For many in the crypto space, this is evidence of the U.S. government’s inevitable mission creep in the banking system.

March 21, 2023

Just a week after backstopping Silicon Valley Bank and Signature, the FDIC is reportedly exploring how it could feasibly cover all U.S. bank deposits, at least temporarily. The implications are explored by NLW.

“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: desinger491/Getty Images, modified by CoinDesk.

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