This Week on The Scene: Bob Hockett on the Need for Better Bank Deposit Protection

Professor Robert Hockett of Cornell Law School discusses the Federal Deposit Insurance Completion Act of 2023, which contains his proposal for preventing future occurrences of the bank-run fueled collapse that led to the demise of Silicon Valley Bank and others.

Listen to the episode:

Bob Hockett

Find about more about Bob Hockett’s policy proposals:

• Proposed Legislation, “The Federal Deposit Insurance Completion Act of 2023“
• “Make it easier for people to invest directly in US Treasuries,” Financial Times (Mar 2023)
• “Put the Fed, FDIC, and OCC Back In Their Proper Places,” Forbes (Mar 2023)
• “Why Limitless Universal Deposit Insurance Could Be Our Safest Best,” The Hill (Mar 2023)
• Proposed Legislation, “The National Reconstruction and Continuous Development Act and Reconstruction Act“
• Capital Futures website: https://www.capitalfutures.net/

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