Dan Savickas

Vice president of policy and government affairs, Taxpayers Protection Alliance.

Dan Savickas is vice president of policy and government affairs at Taxpayers Protection Alliance.

Regulation and compliance

Raising deposit insurance limits would cost consumers over $30 billion

Banks would face much higher assessments to bring the Deposit Insurance Fund's reserve ratio into compliance. Those costs would be reflected in higher fees and reduced availability of credit.

By Dan Savickas

August 5