Birdwatch Note Rating
2023-03-13 00:55:06 UTC - HELPFUL
Rated by Participant: 4CDE0889B49F2AD4272DBB88FB68A6E8114C36BAC66159840482689E82B6806E
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