{"id":84143,"date":"2023-03-13T00:12:35","date_gmt":"2023-03-13T04:12:35","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84143"},"modified":"2023-03-13T00:10:49","modified_gmt":"2023-03-13T04:10:49","slug":"wall-street-not-taxpayers-will-pay-for-the-svb-and-signature-deposit-relief-plans","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2023\/wall-street-not-taxpayers-will-pay-for-the-svb-and-signature-deposit-relief-plans.html","title":{"rendered":"Wall Street \u2014 not taxpayers \u2014 will pay for the SVB and Signature deposit relief plans"},"content":{"rendered":"\n<p>(CNBC) Plans announced Sunday to <a href=\"https:\/\/www.cnbc.com\/2023\/03\/12\/regulators-unveil-plan-to-stem-damage-from-svb-collapse.html\">fully reimburse deposits<\/a> made in the collapsed Silicon Valley Bank and the shuttered Signature Bank will rely on Wall Street and large financial institutions \u2014 not taxpayers \u2014 to foot the bill, Treasury officials said. \u201cFor the banks that were put into receivership, the FDIC will use funds from the Deposit Insurance Fund to ensure that all of its depositors are made whole.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/03\/13\/wall-street-not-taxpayers-will-pay-for-the-svb-and-signature-deposit-relief-plans-.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Plans announced Sunday to fully reimburse deposits made in the collapsed Silicon Valley Bank and the shuttered Signature Bank will rely on Wall Street and large financial institutions \u2014 not taxpayers \u2014 to foot the bill, Treasury officials said. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84143","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84143"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84143\/revisions"}],"predecessor-version":[{"id":84144,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84143\/revisions\/84144"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}