Will the $250k FDIC insurance limit be raised or unlimited in 2023?
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Resolves YES if US legislation to increase or remove the $250k limit on FDIC insurance is enacted in 2023. Otherwise NO.
This resolves when such legislation is passed, it does not need to go into effect in 2023.
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@MartinRandall My (possibly incorrect) understanding is that the limit is statutory and cannot be raised by the executive alone. What the FDIC did recently was invoke the "systemic risk" exception, and they could invoke that quite often, especially for larger banks, but probably not for literally every bank failure and especially the small community banks.
@MartinRandall For a thorny, separation-of-powers issue like that it's likely the courts would let somebody sue, like how they let states sue for immigration stuff.
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