Birdwatch Note Rating
2023-03-13 06:25:58 UTC - HELPFUL
Rated by Participant: 9C053B9C35CB5435320126E54A7C149DEC1AC8777447A33F2A439F00E7A1D01D
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