Birdwatch Archive

Birdwatch Note Rating

2023-03-14 21:26:50 UTC - NOT_HELPFUL

Rated by Participant: 3A9B6D3195524C245A4C520807FFF24737F4E3F21962868B268E05D9A9349B23
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Original Note:

Tax dollars are not being used to bail out SVB. Banks pay into a fund, known as the Deposit Security Fund. That is where the bailout funding is coming from. https://www.vox.com/money/2023/3/13/23638417/svb-bank-bailout-signature-fed-fdic-treasury-janet-yellen

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