Birdwatch Archive

Birdwatch Note Rating

2023-03-14 21:25:46 UTC - NOT_HELPFUL

Rated by Participant: 4FF132F5FC9B184E42DF3D5529C5344321574C7A0B24906A498ABEAE3CD32CFB
Participant Details

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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