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Home > Marketplace with Kai Ryssdal > The FDIC is asking big banks to pay up
Podcast: Marketplace with Kai Ryssdal
Episode:

The FDIC is asking big banks to pay up

Category: Business
Duration: 00:27:05
Publish Date: 2023-05-12 22:41:55
Description:

When the Federal Deposit Insurance Corp. stepped in to make depositors whole after recent bank failures, the agency’s insurance fund took a $15.8 billion hit. So who’s on the hook to replenish it? If the FDIC has its way, it’ll be the nation’s largest banks. Also on the program: smaller tax refunds, an alternative solution to bank runs and a potential boon to private prisons.

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