Birdwatch Note Rating
2023-03-13 03:10:30 UTC - HELPFUL
Rated by Participant: 6D843CAE5575C0E246827246EE47AD23F12F53EB2F94725518A350FDF091932F
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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