Birdwatch Note Rating
2023-03-13 07:34:52 UTC - HELPFUL
Rated by Participant: 95E7E02ABE367DE8668C446C927682BDD63338C4D864A70189387819FE1EF37D
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