Boehner Welcomes FDIC Cap Increase, Says House GOP Proposed It Earlier

House Minority Leader John BoehnerJohn BoehnerOvernight Finance: GOP makes its case for impeaching IRS chief | Clinton hits Trump over housing crash remarks | Ryan's big Puerto Rico win House GOP changes rules to thwart Dems Ryan secures big win with bipartisan Puerto Rico deal MORE (R-Ohio) welcomed the calls by the presidential candidates for an increase in federal insurance for bank accounts, but he said that House Republicans had proposed the measure during earlier bailout talks.

Both John McCainJohn McCainMellman: Parsing the polls GOP seeks to remove funding to design Gitmo alternative Big-name donors join Trump fundraising team MORE and Barack ObamaBarack ObamaDems discuss dropping Wasserman Schultz Mellman: Parsing the polls LA mayor: 'Donald Trump will not win California' MORE, seeking more support for the failed bailout package, called on Monday for the Federal Deposit Insurance Corporation (FDIC) to guarantee up to $250,000 in a bank account. Currently, only $100,000 is insured.

Here's BoehnerJohn BoehnerOvernight Finance: GOP makes its case for impeaching IRS chief | Clinton hits Trump over housing crash remarks | Ryan's big Puerto Rico win House GOP changes rules to thwart Dems Ryan secures big win with bipartisan Puerto Rico deal MORE's full statement:

"The presidential candidates' support for increasing the FDIC cap is welcome news. Increasing the FDIC cap is a proposal put on the table by Roy BluntRoy BluntOvernight Defense: VA chief 'deeply' regrets Disney remark; Senate fight brews over Gitmo Senate’s first female combat vet: VA secretary must resign VA chief 'deeply' regrets if Disney comment offended vets MORE and House Republicans but ruled out by Democrats during the negotiations that led to yesterday

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