FDIC's Bair Requests Raise To Deposit Insurance Limits
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FDIC Chairman Sheila C. Bair will request authority to raise bank deposit insurance limits. Bair notified Barney Frank, Chairman of the House Financial Services Committee, of the request in a memo.
The memo did not say how much the new limit would be. The current limit is $100,000.
The memo did not say how much the new limit would be. The current limit is $100,000.
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