31. Congress passed the Depression-era law to separate commercial banks and federally insured deposits from the risky business of Wall Street investing. 32. On Sept . 30, President Bill Clinton signed a law that requires banks and thrifts to replenish SAIF, which insures deposits . 33. The proposed fee on thrifts would raise $ 5.5 billion to replenish the fund that insures deposits in savings and loans. 34. The Federal Deposit Insurance Corp . has decided that money stored on smart cards does not count as federally insured deposits . 35. "Regulators are comfortable with that ( management ) team, " said McFarland, whose agency is insures deposits in the nation's banks. 36. They have a relatively high percentage of their available money in the most conservative investment you can have _ FDIC-insured deposits . 37. Greenspan said that this approach was more likely to prevent the new financial institutions from taking risks with federally insured deposits . 38. But the Fed action Wednesday signals a series of hikes ahead with important implications for stocks, bonds, and even insured deposits . 39. Haskell also initiated a law insuring deposits in case of a bank failure, a landmark piece of legislation in the nation. 40. He claimed that regulators sought to destroy him because he resisted their rules to restrict use of Lincoln's federally insured deposits .