I haven't been able to find out much more than the article.

Especially after reading on DU several days ago that "they" want to get rid of the FDIC, destroy any insurance on bank and financial institution deposits....probably causing a run on same and sweep up the left overs... etc etc

I read his "bullet points" statement and his fuller statement..... Don't much understand what he is REALLY saying. Do you think this guy(trump !!!) can actually be trusted with my retirement funds invested in a number of US and overseas CDs, as well as several T-Bills, all through a major brokerage house? None of them separately are over the insurable limit.

who will eventually be 45-appointees (although I know 45 - and I refuse to call him "47" - wants to get rid of the CFPB, whose head would be a member, but that would require Congress to do it).

One thing to also keep in mind as an example, is that before crypto's FTX failed, they were warned about misleading customers about FDIC insurance for their customers - https://www.cnbc.com/2022/08/19/crypto-firm-ftx-receives-cease-and-desist-from-fdic-about-insurance.html

When FTX failed and took down a handful of Regional Banks with it, the FTX customers were out but the Regionals were covered by the FDIC like SVB.

With that, there were calls to increase the max insurance coverage, so that type of thing might factor in when it comes to 45's minions wanting to completely eliminate the FDIC (or any regulatory authority).

But in the meantime, what is seemingly the next big thing to happen with the new administration - FDIC At A Crossroads: Debanking, Crypto, And The Fight For Reform since they have gone "all in" with crypto.