Fed's Powell discusses FDIC deposit insurance in meeting with Republicans -US lawmaker


Reuters | Washington DC | Updated: 30-03-2023 00:04 IST | Created: 29-03-2023 23:31 IST
Fed's Powell discusses FDIC deposit insurance in meeting with Republicans -US lawmaker
File photo. Image Credit: ANI
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U.S. lawmaker Kevin Hern said on Wednesday that Federal Reserve Chair Jerome Powell told a meeting of the Republican Study Committee that insurance limits on banking deposits would be a great topic for Congress to weigh.

Hern said Powell told Republicans that he believed supply chain inflation had mostly been mitigated.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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