Birdwatch Note Rating
2023-03-13 05:19:17 UTC - HELPFUL
Rated by Participant: 7D22C327A7F415990363DA38B9A78F753B43BAE983EA418E3662AFECF15F6E48
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