Lawmakers, academics, and some in the financial industry are debating whether the FDIC limit, which hasn't been raised since 2008, needs to be increased — or abolished altogether.
A coalition of midsize banks is asking the FDIC to insure all deposits for at least two years,Regulators stirred up some murkiness when they decided to protect all depositors at Silicon Valley Bank and Signature Bank, with the aim of stemming a serious systemic risk to the financial system.
On the other hand, no one has said exactly that. The limit still exists and uninsured deposits are still uninsured.
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