The Dodd-Frank Act requires that the FDIC restore its Deposit Insurance Fund to a healthy level by the year

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The Dodd-Frank Act requires the FDIC to restore its Deposit Insurance Fund to a designated reserve ratio of 1.35% of insured deposits by September 30, 2020. This means that the fund must be able to cover 1.35% of insured deposits in the event of bank failures. As of June 30, 2020, the reserve ratio was 1.30%, indicating that the FDIC is making progress towards meeting this requirement.

The Dodd-Frank Act Requires That the FDIC Restore Its Deposit