Birdwatch Note Rating
2023-03-13 04:28:32 UTC - HELPFUL
Rated by Participant: FBD405E0A052BE2F1C343939A835034F8B4CF724F7503F72F4F099E82E21CD36
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