Birdwatch Note Rating
2023-03-13 02:58:13 UTC - HELPFUL
Rated by Participant: FDCE1FE4470B33669F34D45F9B6CB883DE6481C8083E9B6C6BBDB117B038287F
Participant Details
Original Note:
Although President Franklin D. Roosevelt signed the Banking Act of 1933, which established the FDIC, he was opposed to federal deposit insurance. Roosevelt relented because the act had overwhelming support in Congress, and it included other banking reforms which he supported. https://newrepublic.com/article/148239/myth-roosevelt-trustbusters
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