Spotlight: Why Raising FDIC Insurance To Ten Million Dollars Is A Dangerous Mistake

Steve Forbes: What's Ahead
20/11/2025 5 min
Spotlight: Why Raising FDIC Insurance To Ten Million Dollars Is A Dangerous Mistake

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Steve Forbes explains why the Main Street Deposited Protection Act, which would raise the FDIC insurance limit from $250,000 to $10 million, would expose taxpayers to enormous risk, eliminate crucial market discipline, and primarily benefit wealthy corporations rather than ordinary Americans.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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