When Congress starts calling something the “Main Street Depositor Protection Act,” you can bet it’s not about protecting Main Street. The latest proposal in Washington would increase federal deposit insurance from $250,000 to a staggering $10 million for certain business accounts. Proponents are selling it as a way to help small banks and small businesses. […]
Author Archives: Tim Ryan
Tim Ryan is a former Ohio congressman and Democratic Senate nominee. He wrote this for InsideSources.com.