Birdwatch Archive

Birdwatch Note Rating

2023-03-15 02:23:57 UTC - NOT_HELPFUL

Rated by Participant: F8335EBD7A9636688AF140F1FDE1B4E0BB63BFF9DDC1A2AC430AC66555574451
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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