[20200402]IN11307_《关怀法案》（P.L116-136）第4008节：FDIC银行债务担保机构 .pdf

CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i The CARES Act (P.L. 116-136) Section 4008: FDIC Bank Debt Guarantee Authority David W. Perkins Specialist in Macroeconomic Policy April 2, 2020 Section 4008 of the Coronavirus Aid, Relief, and Economic Security Act (CARES; P.L. 116-136) authorizes the Federal Deposit Insurance Corporation (FDIC) to guarantee certain deposits that are not eligible for regular FDIC deposit insurance due to the existing $250,000 per account insurance limit. This broadens FDIC authority from Section 1105 of P.L. 111-203 (Dodd-Frank Act) to establish a program that would guarantee bank debt in the event of a financial liquidity crisis. Section 4008 also preemptively grants the requisite congressional approval for any such program needed to respond to the COVID-19 outbreak, provided the FDIC guarantee terminates no later than December 31, 2020. This Insight provides an overview of FDIC guarantees and Section 4008. General Background To banks, deposits and debt are liabilities that place inflexible repayment obligations upon them. If an event occurs that causes depositors or creditors to doubt the banking industrys healthsuch as