Birdwatch Note Rating
2023-03-13 02:57:42 UTC - HELPFUL
Rated by Participant: C378931E048482D2BFDF00DC95644D6377CBCB812C79FF87D77B5E48595B3DA3
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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