To require the Federal Deposit Insurance Corporation and the National Credit Union Administration to carry out an analysis to determine whether insurance coverage should be raised on covered transaction accounts, and for other purposes.

HR.8090 would require the Federal Deposit Insurance Corporation and the National Credit Union Administration to conduct a study within a specific timeframe after enactment to evaluate whether raising insurance coverage limits for certain transaction accounts—those held by businesses, non-profits, or municipalities that are non-interest bearing or pay minimal interest—is warranted. The study would analyze economic, competitive, safety, and distributional impacts on banks and credit unions, including how higher coverage might affect institutions of different sizes and whether it could incentivize misclassification of accounts to gain greater insurance protection. The agencies must make their data and analyses publicly available upon completion.