BILL HAGERTY INTRODUCES BIPARTISAN BILL TO 'MAKE MAIN STREET BANKS GREAT AGAIN'
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✍️ Sens. Bill Hagerty and Angela Alsobrooks introduced the Main Street Depositor Protection Act to boost deposit insurance coverage for noninterest-bearing transaction accounts at eligible banks and credit unions, aiming to prevent a banking crisis.
👉 Boosts deposit insurance coverage for noninterest-bearing transaction accounts at eligible banks and credit unions 👉 Aims to prevent a banking crisis like the Silicon Valley Bank collapse 👉 Backed by Independent Community Bankers of America, Mid-Size Bank Coalition of America, America's Credit Unions, Tennessee Bankers Association, and Tennessee Credit Union League 👉 Supported by Republicans on Capitol Hill and in the Trump administration
-- #BillHagerty #AngelaAlsobrooks #ScottBessent #JDVance #GroverNorquist #JohnTamny #Tennessee #Maryland #SouthCarolina #WallStreet #politics
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