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Do you feel your money is secure in U.S. banks at this time?
Silicon Valley Bank shut down on March 10 and New York’s Signature Bank two days later. President Joe Biden wants Congress to allow the FDIC to impose stiffer penalties against bank executives, including barring them from ever working at another bank. The FDIC also insured all bank depositors’ money, even those above the $250,000 limit. Do you feel your money is secure in U.S. banks at this time?
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