Birdwatch Note Rating
2023-03-12 23:48:28 UTC - HELPFUL
Rated by Participant: D3F544BF741DD45CD751DCE1E9577B10087FE9055FA11EECDB0597184D64B2A4
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