The ghost of Silicon Valley Bank returns

Congress has another big financial policy struggle burgeoning once lawmakers return in September. This one won’t have anything to do with crypto.

Federal deposit insurance reform is back on the menu. And unlike back in 2023, this push may have some legs.

Why now: The conversation has sprung up thanks in part to the annual defense reauthorization process. Last month, Sens. Bill Hagerty (R-Tenn.) and Angela Alsobrooks (D-Md.) filed an NDAA amendment that turned heads in the banking world.

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