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Personal Finance and Investing

bamagal62

(3,853 posts)

3. Currently, the cost of FDIC insurance

Reply to Marthe48 (Original post)

Wed Jan 22, 2025, 03:01 PM

Jan 22

is embedded in a bank's costs. If they privatize this insurance, my guess is WE will have to pay for it like we do healthcare. And, it will become an huge behemoth that we can't unravel years down the road. I don't know a lot about how all this works, but this is just my gut feeling. Someone is salivating at the possibility of making a bunch of money off of this.

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Marthe48

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Questions about FDIC and NCUA [View all] Marthe48 Jan 22 OP

It's possible trump will consolidate FDIC, etc., in another department/agency. But doubt seriously they will remove Silent Type Jan 22 #1

Maybe hiding our money is part of the solution! Marthe48 Jan 22 #2

Currently, the cost of FDIC insurance bamagal62 Jan 22 #3

I understand what you are saying and agree that this could be a possible outcome of F47s reign. I just get in2herbs Jan 22 #4