Birdwatch Note Rating
2023-03-13 05:42:02 UTC - HELPFUL
Rated by Participant: A8B82C3B3ACD0195F0467FAFF1D2889E85D52FA0C5E21EF2D7571837CFB86EAD
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