Sen. Hagerty Introduces Main Street Depositor Protection Act
Bill Intros-Senate
Copyright © Targeted News Service, 2025
Copyright © Targeted News Service, 2025
2025-10-25
Bailey Malota
WASHINGTON, Oct. 25 -- Sen. Bill Hagerty, R-TN, has introduced the Main Street Depositor Protection Act, a measure designed to enhance deposit insurance for noninterest-bearing transaction accounts. The bill aims to provide greater financial security for consumers by ensuring that deposits in these accounts are fully insured up to $10 million, thereby boosting confidence in the banking system.
The initiative comes in the wake of growing concerns about economic stability and the uniq . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, Oct. 25 -- Sen. Bill Hagerty, R-TN, has introduced the Main Street Depositor Protection Act, a measure designed to enhance deposit insurance for noninterest-bearing transaction accounts. The bill aims to provide greater financial security for consumers by ensuring that deposits in these accounts are fully insured up to $10 million, thereby boosting confidence in the banking system.
The initiative comes in the wake of growing concerns about economic stability and the uniq . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com