Smaller Banks Want FDIC To Insure Everything
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Regional banks across the US want a regulatory buffer, but they might be getting a Buffet instead. As in the really rich guy from Omaha.
A bloc of midsize lenders has officially asked federal regulators to guarantee that all bank deposits will be insured by the FDIC for the next two years in the wake of the Silicon Valley Bank failure and the ongoing crisis of faith in smaller banks.
Source Fool.com
