Boehner: Candidates’ FDIC Proposal Helpful to Bailout Negotiations


The House Minority Leader issues an afternoon statement praising both McCain’s, Obama’s suggestion the agency raise its bank deposit reimbursement limit from $100,000 to $250,000.

“Increasing the FDIC cap is a proposal put on the table by Roy Blunt and House Republicans but ruled out by Democrats during the negotiations that led to yesterday’s unsuccessful vote.”

Full statement here.

Related Topics: News
  • Tweets

    View More Tweets From @TIME


Get every new post delivered to your Inbox.

Join 297 other followers