To authorize the Secretary of the Treasury to direct the Federal Deposit Insurance Corporation and the National Credit Union Administration to establish emergency transaction account guarantee programs, and for other purposes

**Who it affects:** - Bank and credit union customers who would get additional protection for their deposits - Financial institutions that would participate in the programs - Taxpayers who could ultimately bear costs if guarantees are used **What would change:** During designated emergencies, people and businesses could have deposits above the standard FDIC/NCUA insurance limits (currently $250,000) temporarily protected by government backing. This aims to prevent bank runs and maintain confidence in the financial system during crises. The bill is currently under review in congressional committee and has not become law. Normal deposit insurance would remain unchanged during non-emergency periods.