Foxes Ask:

What will happen next regarding the FDIC's standard maximum deposit insurance amount limit?

Started Mar 17, 2023 05:00PM UTC
Closed Dec 28, 2023 08:01AM UTC

Amid bank failure fallout, some are suggesting that the FDIC should increase the $250,000 maximum of deposit insurance at US banks (NPR, Politico, DNYUZ, Investopedia, Cornell, see (a)(1)(E)). Specific actions taken by the Federal Reserve and/or the executive branch that have the effect of covering deposits in excess of $250,000 would not count (e.g., Federal Reserve - Joint Statement by Treasury, Federal Reserve, and FDIC). The date that legislation would take effect is immaterial.

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NOTE 20 March 2023: Legislation that would temporarily raise the standard maximum deposit insurance amount or temporarily abolish/remove the limit would not count.

NOTE 1 May 2023: Increases must be applicable to all FDIC-insured depositors to count, and a greater increase for certain classes of deposits than for others would count so long as all limits are increased.

The question closed "Neither will occur before 28 December 2023" with a closing date of 28 December 2023.

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Possible Answer Correct? Final Crowd Forecast
Legislation to increase the limit from the current $250,000 will become law 0%
Legislation to abolish the limit will become law 0%
Neither will occur before 28 December 2023 100%

Crowd Forecast Profile

Participation Level
Number of Forecasters 71
Average for questions older than 6 months: 210
Number of Forecasts 279
Average for questions older than 6 months: 596
Participants in this question vs. all forecasters average

Most Accurate

Relative Brier Score


Recent Consensus, Probability Over Time

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