I've seen this same argument made by lots of people on Twitter. But as far as I can tell, in at least the last several decades of bank failures in the US, every

I've seen this same argument made by lots of people on Twitter. But as far as I can tell, in at least the last several decades of bank failures in the US, every depositor has been made whole or close to whole, regardless of geography or industry or political favor. Usually the mechanism has been to arrange the failing bank be bought out, rather than to extend the FDIC limit.