Birdwatch Note Rating
2023-03-13 09:09:08 UTC - HELPFUL
Rated by Participant: 19AFB153A8D177064782E2BC6CB51745468D81F756B4FAA19853F977C2591C80
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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