By Peter St. Onge Donald Trump wants to unchain the financial sector to flood lending into the economy. Will it boost growth? Or will it boost inflation? The Wall Street Journal recently summed up Trump’s plans to eliminate overlap, duplication, and regulations that shut out competitors and reduce lending. Specific things he wants to get rid […]
Tag: Federal Deposit Insurance Corporation (FDIC)
The Federal Deposit Insurance Corporation is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system.
