Political Quotes

Susan Collins: “I remember in 2008 when it was raised from $100,000 to $250,000 during that financial crisis. Now, some of our…”

On the recordMarch 22, 2023
I remember in 2008 when it was raised from $100,000 to $250,000 during that financial crisis. Now, some of our colleagues, including Senator Elizabeth Warren, has recommended that we raise up to $2 million or even up to $10 million.
Said by
Susan Collins
Republican · Maine

Editor's note · Context

Collins recalls past changes to FDIC insurance limits and mentions Warren's proposals for higher limits.

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