When Washington Abandons Routine Business it Harms Banks and Depositors

Washington is playing Kabuki Theater on too-much versus too-little spending on entitlements. This ideological snit is so intense and chronic that little else gets done.  Deposit insurance for non-interest bearing transaction accounts was approved before and has worked very well for community banks, commercial depositors, and indirectly for consumers.  Banks pay for the insurance, so […]