CONGRESS FOR VOTERS

RepublicanBill · H.R. 8088· House(119-HR-8088)

Growing Deposit Insurance for the Future Act

Rep. Meuser
Age: 62 years
Pennsylvania
Introduced
3/25/2026
Last activity
3/25/2026 — Referred to the House Committee on Financial Services.
Sponsored by
Daniel Meuser
Cosponsors
None
Finance and Financial Sector
  1. Introduced
  2. In Committee

What this bill would do

This bill, titled the "Growing Deposit Insurance for the Future Act," seeks to amend the Federal Deposit Insurance Act. The primary purpose is to update the inflation adjustment used for deposit and share insurance. It proposes changing a specific year from 2010 to 2030. Additionally, it replaces a fixed $100,000 amount with a reference to the standard maximum deposit insurance amount. Finally, it adjusts the effective date for these adjustments to the date this Act is enacted.

Yes· 3 of 5

  • Would people over 65 be better off under this?+3

    Updating the inflation adjustment for deposit insurance helps protect the savings of seniors against inflation.

  • Would middle-income households be better off under this?+3

    Updating the insurance cap and inflation adjustment provides better protection for middle-class savings.

  • Would retired people be better off under this?+3

    The bill updates insurance protections to better account for inflation, which benefits retirees relying on stable deposits.

The opposite

No question was scored the opposite.