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Dossier Legislative introduced 15-oct-2026
Bill introduced in Congress — not yet passed by either chamber, and not law.

To amend the Federal Deposit Insurance Act to make changes to the Standard Maximum Deposit Insurance Amount, and for other purposes.

Key claim: This House bill would change the $250,000 cap on how much of a customer’s deposits the FDIC insures at each bank.

Abstract

(HR10821 · 119th Congress) Latest action (2026-10-15): Referred to the House Committee on Financial Services.

Why this matters

The $250,000 standard maximum deposit insurance amount (SMDIA) is the core backstop for U.S. depositors and a key input to bank funding costs and run risk, as seen in the 2023 regional-bank failures. Any statutory change to the cap would ripple through consumer deposit behavior, bank liquidity management, and FDIC assessment economics. The bill’s introduction signals continued congressional interest in revisiting the limit, though the proposed direction remains unclear.

Source

Link

Briefing card

To amend the Federal Deposit Insurance Act to make changes to the Standard Maximum Deposit Insurance Amount, and for other purposes.
Stage: introduced · congress · 15-oct-2026

If you hold more than $250,000 at a single insured bank, this bill would change how much of your deposits the FDIC insures, though the new amount isn't specified.

This House bill would change the $250,000 cap on how much of a customer’s deposits the FDIC insures at each bank.

Cross-references (0)

None recorded — doctrine links and citations appear here as scans and citation sweeps find them.

External: congress:119-hr-10821:introduced

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