House Passes Rep. Doggett's bill to Continue Full FDIC Protection for Interest on Lawyers Trust Accounts

"It is these interest bearing trust accounts that currently finance legal services for those who need it most—veterans who have served honorably, domestic violence victims, and persons with disabilities," said Rep. Doggett. "This bill is supported by a broad range of groups, including the Independent Community Bankers Association and the American Bar Association. This protection also ensures that small independent banks are on a level playing field with their larger competitors in securing trust fund deposits."

Video of Rep. Doggett's remarks on the floor of the House are available by clicking here.