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Angela Alsobrooks defeated Rep. David Trone

Deposit insurance expansion picks up steam

Proponents from both parties of expanded federal deposit insurance accelerated their legislative campaign in the Senate and beyond this week.

Sens. Bill Hagerty (R-Tenn.) and Angela Alsobrooks (D-Md.) used a Senate nomination hearing on Thursday to push for legislation that would introduce a $10 million limit on deposit insurance for transaction accounts.

Elsewhere, there are signs the push is slowly generating wider support in the Senate.

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Presented by AstraZeneca

The 340B program was created to help patients. Instead, it’s helping hospitals earn massive profits. The 340B Rebate Model Pilot uses rapid verification of existing data to prevent duplicate discounts, strengthening program transparency and efficiency. Urge HHS to implement the Rebate Model Pilot and ensure 340B functions as intended. Get the facts.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.

Presented by AstraZeneca

The 340B program is supposed to help vulnerable patients—but without strong safeguards, it’s siphoning away funds that could be used for free and charitable medicine. The 340B Rebate Model Pilot improves program integrity, preventing duplicate discounts and strengthening accountability. Urge HHS to implement the pilot today. Learn why it matters.

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