Birdwatch Note Rating
2023-03-13 05:38:51 UTC - HELPFUL
Rated by Participant: 152446A74B7BD4133E1A7A9E1679125B4871C5EFFEDF5F19B9E3E26C7C2EE660
Participant Details
Original Note:
Taxpayers are not liable for “a bailout of a bunch of tech startups,” as announced by the Federal Reserve. In the announcement, it states that “ Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks.” https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm
All Note Details