To require the Federal Deposit Insurance Corporation and the National Credit Union Administration to carry out an analysis to determine whether insurance coverage should be raised on covered transaction accounts, and for other purposes.

Q: What does Preamble of To require the Federal Deposit Insurance Corporation and the National Credit Union Administration to carry out an analysis to determine whether insurance coverage should be raised on covered transaction accounts, and for other purposes. do?

This bill requires the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA) to conduct an analysis. The analysis will determine whether insurance coverage should be raised on covered transaction accounts. The bill's stated purpose is to analyze potential adjustments to insurance coverage for covered transaction accounts and for other purposes.

Q: What does STUDY OF INSURANCE OF COVERED TRANSACTION ACCOUNTS. of To require the Federal Deposit Insurance Corporation and the National Credit Union Administration to carry out an analysis to determine whether insurance coverage should be raised on covered transaction accounts, and for other purposes. do?

This section directs the Federal Deposit Insurance Corporation (FDIC) and the National Credit Union Administration (NCUA) to conduct analyses regarding covered transaction accounts. The FDIC is tasked with analyzing covered transaction accounts at insured depository institutions to determine if a higher deposit insurance amount should apply. The NCUA is tasked with analyzing covered transaction accounts at insured credit unions to determine if a higher share insurance amount should apply. Both agencies must analyze the economic impact of increased insurance amounts on their respective systems (banking and credit union). The analyses must also address defining characteristics of covered transaction accounts and methods to prevent mischaracterization of accounts to obtain higher insurance coverage. The FDIC and NCUA are required to analyze the distributional impact of increased insurance assessments on institutions of varying sizes. Both agencies must assess the impact on the safety and soundness of institutions with covered transaction accounts and the effect on competition within their respective sectors. The data and analyses generated by both agencies must be made publicly available.

Last updated: 3/25/2026 · Introduced: 3/25/2026

Author: Marlin Stutzman (R-IN)

TL;DR (AI)

The Federal Deposit Insurance Corporation and the National Credit Union Administration are required to conduct an analysis to determine whether insurance coverage should be raised on covered transaction accounts.
The analysis will examine the economic impact of increased insurance amounts on the banking and credit union systems, as well as the distributional impact on institutions of varying sizes.
The results of the analysis, including data on the safety and soundness of institutions and the effect on competition, will be made publicly available.

119th Congressin committeeOfficial page

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Includes provisions on preamble, study of insurance of covered transaction accounts..

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