4 ms·
The FDIC is funded by premiums paid for by the insured banks. It doesn’t rely on tax payer money.
by jdsully 4y ago
The FDIC is funded by premiums paid for by the insured banks. It doesn’t rely on tax payer money.
- cft 4y agoOnce that is depleted, they are allowed to tap into Fed money
- brasic 4y agoI’m sure you are aware but just to spell it out: fed money is _also_ not taxpayer money, it’s self-funded.
- kQq9oHeAz6wLLS 4y agoWhere does the fed get the money?