Why isn't the Federal Reserve requiring banks to hold depositors' cash?
The fact that most banks aren’t required to keep your money on hand makes it likely that more bank failures will occur in the months ahead.
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Biden pledges 'no cost to the taxpayer' to shield SVB, Signature depositors
While the federal government’s proactive approach to minimizing damage was appreciated, many pointed out that it’s the taxpayers that would ultimately suffer the depositors’ bailout.
Voyager's auction did not serve depositors' best interests, alleges Wave Financial rep
According to the Los Angeles management firm, "better bids were on the table" for depositors and the community.