Banking on Moral Hazard: The Push for $10 Million Deposit Insurance

Banking on Moral Hazard: The Push for $10 Million Deposit Insurance

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Episode
4790 of 4792
Længde
34M
Sprog
Engelsk
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Kategori
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A plan to massively expand FDIC insurance is gaining traction in Washington, despite little evidence that customers or community banks are asking for it. Cato's Nicholas Anthony, Norbert Michel, and Jill Castilla, CEO of Citizens Bank of Edmond, show how the proposal would subsidize wealthy depositors, weaken market discipline, and entrench “too noisy to fail” expectations across the banking system. Hosted on Acast. See acast.com/privacy for more information.


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