Lawmakers have discussed potentially raising the deposit-insurance limit from the current $250,000 per depositor. Photo: Elizabeth Frantz for The Wall Street Journal
WASHINGTON—Lawmakers could reduce the risk of bank runs by significantly raising deposit-insurance protection for accounts used for payroll and other business payments, the Federal Deposit Insurance Corp. said in a report Monday.
A targeted move to make sure businesses can get back money intended for such payments if a bank fails was the best of three options the FDIC considered for overhauling the deposit-insurance system, the agency said.
FDIC Signals Support for Narrow Changes to Deposit Insurance
