Birdwatch Note Rating
2023-03-14 09:33:07 UTC - HELPFUL
Rated by Participant: 724ED798773E833B5235ED13894D9C514B9F24CB38DFF47F349A90CBDFC2D6AB
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