Politics This Week: FDIC Limit, Xi-Putin Meeting, Trump Protests, Congress SVB Fallout

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Source: Yahoo Finance
TL;DR Summary

This week, lawmakers are considering raising the FDIC insurance cap for medium-sized banks, with Senator Elizabeth Warren suggesting an increase between $2 million to $10 million. Chinese President Xi Jinping is meeting with Russian President Vladimir Putin to discuss the war in Ukraine, while the US has raised concerns about China's relationship with Russia. Former President Donald Trump has called for protests in New York City, anticipating a potential indictment related to hush-money payments to Stormy Daniels. House Speaker Kevin McCarthy has pushed back against calls to protest, and potential investigations could prove expensive for Trump's political war chest.

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