Financial Stability Concerns Raised by U.S. Lawmakers.

Senior GOP lawmaker and former banker, Rep. Blaine Luetkemeyer, has called for the temporary guarantee of all bank deposits in the US to shore up confidence in the financial system and prevent a run on smaller banks. Luetkemeyer's concerns come as community banks try to distance themselves from the risk-taking that brought down larger regional competitors. The Independent Community Bankers of America is calling for stricter oversight on larger financial institutions and to spare community banks from having to pay for the deposit bailout of Silicon Valley Bank and Signature Bank.