Nearly half of Americans are worried about their money in banks, survey shows

New polling from Gallup shows that 48% of Americans are worried about their money in banks and other financial institutions, and Republicans and Independents are more concerned about the safety of their money than Democrats. Axios markets correspondent Emily Peck discusses bank deposits and the FDIC with CBS News' Vlad Duthiers and Anne-Marie Green.

#news #banking #economy

[damham]

Its half of America is worried is because the other half doesnt have any.

[barronridge]

Let's just keep giving money to Ukraine.

[drewcanton]

Half don't trust banks... The others don't make enough Money to worry about it!!? 😁

[MightyMouse]

All of Americans should be worried. Faulty survey. The economy is being artificially sustained. Real estate market is surging. Business as usual. House of cards!!!

[pauln]

FDIC cannot insure all small banks 250, 000.

[GreyRavenTarots]

We are in a better state than we were then? No we’re not. IRS has been given a free pass to audit our bank accounts. It’s gotten worse in my opinion.

[xvx]

We took our money out of our bank a long time ago and moved everything to our brokerage. We were tired of getting garbage returns at our bank while our brokerage offered 2.5% yields on FDIC insured deposits and 4.5% on money market funds. Plus when your money is sitting in a brokerage it's far safer than a bank since they can't loan it out and good luck bankrupting a corporation worth trillions of dollars. Plus when we need to make investments it's already there ready to go.

[markgreen]

I'm more worried about Kevin McCarthy's political game playing and threatening to not raise the debt ceiling.

[gpop]

This what those 80 million voters get.

[GH-oijf]

No one has ever lost deposits insured by the FDIC.

[willli]

They should all take their money out and stop these rich people making more money by using yours to gamble with

[bobby-ovqn]

I am more concerned about having a President that has no idea what he is doing.

[saywhatnow]

I don't think people understood the question. No way it's half. The average American is not worried that the banks are going to lose their money.

[gai_ninja]

I aint worried 😂Only rich people worried. Not the poor like the rest of us

[Agent-cupv]

48% are correct when US defaults the debt on June 1, stock market will crash and the Dollar becomes worthless....

[robertbolton]

Distrust banks prositution and irs uterus taxes.

[JohnAlvarado-thtt]

I should not interact with anybody for at least a year. So what's it going to be A.F as an after fall year one year zero I guess I should be asking the Asians that

[Myers]

Welcome to Brandon's America

Welcome to BIDENFLATION

[robertbolton]

Christians dont by harlots in the work place during MOTHERS DAY 14 2023

[JohnAlvarado-thtt]

Wives are meant to be shared they're kind of like bargaining chips but really more like objects