Birdwatch Note Rating
2023-03-13 02:16:33 UTC - HELPFUL
Rated by Participant: 4097A3F10DF3BF3B06BAC172EBDBE55A350B3AC98235A5D52DEE1A81CA717CE7
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