Birdwatch Note Rating
2023-03-13 06:02:21 UTC - HELPFUL
Rated by Participant: 2D8DD33CE2B6FDA2397C0C77696A35CCDDFD47354A8B6CB8A3D60029CF2B8056
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