S. 4198: Main Street Depositor Protection Act

S. 4198 is a federal bill in the 119th Congress. Before this bill, standard federal deposit insurance covered bank and credit union accounts up to $250,000 per depositor. After this bill takes effect, the Federal Deposit Insurance Corporation and National Credit Union Administration will provide a higher… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.