Sherrie Brady
sbradypa.bsky.social
Sherrie Brady
@sbradypa.bsky.social
In west Chester Pa
April 6, 2025 at 12:51 AM
Reposted by Sherrie Brady
do you enjoy knowing that when you deposit money in a US bank, you won't lose that money? nice, right?

it's because bank deposits are insured by FDIC.

i don't know what FDIC ever did to these people, but apparently it too is now on their blow-it-up list:

www.washingtonpost.com/business/202...
Banking regulator rescinds more than 200 job offers for examiners it needs
A government-wide hiring freeze is adding to a staffing shortage at the Federal Deposit Insurance Corp., complicating the agency’s efforts to oversee thousands of banks across the country.
www.washingtonpost.com
January 27, 2025 at 10:54 PM