Dem Rep. Harder: 'Genie Is out' after SVB and We'll Need to Raise Amount of Deposits Protected 'Pretty Dramatically' Above $250K

On Wednesday’s broadcast of NBC’s “MTP Daily,” Rep. Josh Harder (D-CA) argued that covering deposits above the $250,000 limit in the case of Silicon Valley Bank (SVB) means “the genie is out of the bottle” and the limit on deposits