Jon Tester: “I very much appreciate her ability to get things done in a fair way, and I thank her very much for that. Senator…”

“I very much appreciate her ability to get things done in a fair way, and I thank her very much for that. Senator Hutchison and I have come to the floor several times to talk about this bipartisan, commonsense amendment to hold banks accountable for their behavior and to preserve the integrity of the FDIC deposit insurance fund. It has been said before that this would direct the FDIC to base assessments on assets rather than deposits, forcing big banks to pay their fair share into the fund. This amendment will ensure that the community banks that make rural America run will pay only their fair share into the fund--no more and no less--fixing the lopsided system we have now. It would also protect the integrity of the deposit insurance fund, which is critically important, ensuring that it has the resources to be self-sufficient and prepared to address any future crises. Let me say, Senator Hutchison and I think this amendment makes a great deal of common sense, as do the other 13 cosponsors of this legislation.”