Changes may be coming for the Federal Deposit Insurance Corporation (FDIC), which safeguards bank deposits. Talk of restructuring is growing as some repeat claims about transferring its duties to the U.S. Treasury. Recent firings and rescinded job offers at the FDIC raise concerns among Americans about their bank safety.
- FDIC insures deposits up to $250,000.
- Past FDIC function disruptions could harm customers.
- Approximately $10.7 trillion in deposits could be at risk if insurance changes.
| Fact | Value |
|---|---|
| Insured Amount | $250,000 |
| Total Insured Deposits | $10.7 trillion |
