Birdwatch Note Rating
2024-12-01 00:25:17 UTC - NOT_HELPFUL
Rated by Participant: 383A16F03CBC037DA1505A977ED0BADF9BE237C134DCF248646C52862E693644
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Original Note:
U.S. banks are private but regulated & can access Federal Reserve support, like the discount window for liquidity. A quasi-governmental entity (e.g., Fannie Mae) is created by the government but operates independently. Private banks are not government-established. https://www.investopedia.com/ask/answers/063015/what-are-some-major-regulatory-agencies-responsible-overseeing-financial-institutions-us.asp https://www.federalreserve.gov/monetarypolicy/discountrate.htm https://www.merriam-webster.com/dictionary/quasi-governmental
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