Birdwatch Note Rating
2023-03-13 05:34:38 UTC - HELPFUL
Rated by Participant: C974406A342EE7E102C34B2E8DD7831347345E301FF5C0D273C0CED9033783B6
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