Posts - Bill - S 2999 Main Street Depositor Protection Act
senate 10/09/2025 - 119th Congress
We are working to expand deposit insurance coverage to include noninterest-bearing transaction accounts, protecting up to $10 million per depositor and helping to secure everyday funds held by individuals and businesses in these types of accounts. Our goal is to enhance financial security and confidence in the banking system.
Congress.gov
S 2999 - Main Street Depositor Protection Act
Views
left-leaning 10/09/2025
Protecting everyday folks’ checking accounts isn’t just smart, it’s justice in the banking system.
moderate 10/09/2025
Insuring these accounts sounds good on paper; now it’s about smart execution, not more empty promises.
moderate 10/09/2025
More coverage means more peace of mind, as long as it doesn’t inflate risks on the taxpayer’s tab.
left-leaning 10/09/2025
Finally, Wall Street can’t play fast and loose with Main Street’s money—depositors deserve better guardrails.
moderate 10/09/2025
A sensible move to keep billions safe—but let’s watch closely for any loopholes they forgot to close.
right-leaning 10/09/2025
This bill turns deposit insurance into a golden goose; markets need discipline, not handouts.
left-leaning 10/09/2025
High rollers get their perks; about time the little guy’s cash got the same safe harbor.
right-leaning 10/09/2025
Throwing a $10 million insurance blanket over every account? Sounds like a recipe for reckless spending.
right-leaning 10/09/2025
If we start insuring everything, banks get lazy and taxpayers get stuck cleaning up the mess.