About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

Raising Federal Deposit Insurance Coverage [i] (May 2002)

handle is hein.congrec/cbo0709 and id is 1 raw text is: Raising Federal Deposit Insurance Coverage May 2002 Preface This Congressional Budget Office (CBO) paper examines the implications for banks and depositors of raising the limit on federal deposit insurance coverage. The paper supplements CBO's analysis of the federal cost of raising deposit insurance coverage (reported in CBO's cost estimate for H.R. 3717, the Federal Deposit Insurance Reform Act of 2002) by taking a broader economic perspective. The paper was prepared at the request of the Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs. In keeping with CBO's mandate to provide objective, impartial analysis, it contains no recommendations. Judith S. Ruud of CBO's Microeconomic and Financial Studies Division wrote the paper under the direction of Roger Hitchner and Marvin Phaup. Barry Anderson, Perry Beider, Charles Capone, Kim Cawley, Patrice Gordon, Mark Hadley, Arlene Holen, Deborah Lucas, David Moore, Nathan Musick, Robert Sunshine, and David Torregrosa, all of CBO, provided valuable comments on an earlier draft. Christian Spoor edited the paper, and Christine Bogusz proofread it. Kathryn Winstead produced the figures, and Annette Kalicki prepared the electronic versions of the paper for CBO's Web site. Dan L. Crippen Director May 2002 Contents Introduction and Summary The Current Deposit Insurance _System Proposed Changes in Deposit Insurance Coverage Possible Effects of Raising the Coverage Limit Would Higher Coverage Benefit Depositors? Would Higher Coverage Attract More Deposits? Would Higher Coverage Benefit Municipalities? Would Higher Coverage Help Small Banks?

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most