Musk urges US to guarantee all bank deposits

Mar 22nd 2023 7:08am EDT

The billionaire says the move is “absolutely required” to stop bank runs Elon Musk has proposed a solution to the current banking crisis in the US. The government must do away with the current $250,000 insurance cap on all deposits to stop panicking clients from withdrawing their money, the Tesla CEO wrote in a Twitter […]

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