Treasury Secretary Scott Bessent signaled support for boosting the deposit insurance limits on certain accounts. "I'm encouraged to see emerging bipartisan support for increasing FDIC insurance limits on non-interest bearing transaction accounts," Bessent said Thursday at a community banking conference, referring to the Federal Deposit Insurance Corporation. He added that Treasury has sought to back up efforts in Congress to "modernize" the deposit insurance system. Currently, the U.S. government only i ...