The US Federal Reserve plans to expand the quantitative easing program by adding another $9 trillion. In this regard, American banks requested security for all deposits, the total amount of which is $17.7 trillion. Previously, the Biden administration and the Fed assured depositors of the safety of their deposits, but the volume of deposits turned out to be higher than expected. Currently, the Ministry of Finance and the Deposit Insurance Agency are looking for ways to protect their responsibility in this situation.
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