Only 60% of deposits in the US are insured and many other businesses are doing the same thing in many other banks right now! Would people be screaming about VCs

Only 60% of deposits in the US are insured and many other businesses are doing the same thing in many other banks right now! Would people be screaming about VCs if a different regional bank that serves a different business community failed for the same reason (which could totally still happen this week)? If the government didn't step it they would be ignoring the purpose of the FDIC. The purpose of the FDIC is to protect the banking system from runs and systemic risk. Deposit insurance happens to be the normal mechanism for doing that. When the FDIC realizes that $250k insurance is not enough to stem systemic risk, should they just forget about their mission and let the world burn?