After the sudden and rapid collapse of Silicon Valley Bank and Signature Bank, the Federal Government launched an emergency rescue of the U.S. banking system in an effort to halt the contagion of further collapses. Although the Federal Deposit Insurance Corporation (FDIC) can intervene and cover bank losses, the banking sector was hard hit as the FDIC itself can run short of funds if number of banks collapse at once, because the FDIC deposit insurance fund is significantly smaller than the total deposits insured. The key question investors ask is whether the U.S. is willing to back all U.S. bank deposits after the sudden outflows contributed to the collapse of several U.S. regional banks over the past few weeks. Last week investors initially cheered Fed Chair Jerome Powell’s indications ab