S 4198 · 119th CongressIn Committeecongress.gov ↗

Main Street Depositor Protection Act

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What this bill does

AI plain-language summary

This bill would change the Federal Deposit Insurance Act to provide federal deposit insurance coverage for bank accounts that are used for transactions but do not earn interest. No official summary is available for this bill.

Sponsor

Sen. Hagerty, Bill [R-TN]

R

Introduced

March 25, 2026

Policy Area

Finance and Financial Sector

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