Birdwatch Note Rating
2023-03-13 08:20:21 UTC - HELPFUL
Rated by Participant: DF0E6196211B2D86DA61EA62344CC56DE835F0861EAE6B8E4D2A296C54CDA9E4
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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