Birdwatch Note Rating
2023-03-13 02:46:40 UTC - NOT_HELPFUL
Rated by Participant: 3FD2FE7E53C8B567923075C0E224E423EE3AAA3BF8FA966E72695CBD0E81CD17
Participant Details
Original Note:
While the FDIC is backed by the full faith and credit of the US Treasury, it has never used a Treasury line of credit in its entire existence. Of the two times it has run out of bank-paid insurance funds, it has used its own funding or borrowed from the Federal Financing Bank. https://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corporation
All Note Details