@blynnb46.bsky.social
#BlueRev 💙💙
Charity knitter
Creator of winningwordsapps.com
Educational apps
Charity knitter
Creator of winningwordsapps.com
Educational apps
Reposted
To continue this thread, note this WSJ piece from December that says Trump may abolish FDIC and instead have deposits insured by…the Treasury Dept. Meaning if there’s a run on the banks and you want your funds covered, you’ll need to go through Elon www.wsj.com/finance/regu...
Exclusive | Trump Advisers Seek to Shrink or Eliminate Bank Regulators
The advisers have asked potential nominees whether Trump could abolish the FDIC.
www.wsj.com
February 2, 2025 at 12:29 AM
To continue this thread, note this WSJ piece from December that says Trump may abolish FDIC and instead have deposits insured by…the Treasury Dept. Meaning if there’s a run on the banks and you want your funds covered, you’ll need to go through Elon www.wsj.com/finance/regu...
Reposted
