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> The FDIC, an instituted paid for by taxes FDIC is not funded by taxes. https://www.fdic.gov/about/what-we-do/ https://www.fdic.gov/about/what-we-do/ “The F
by mulmen 4y ago
> The FDIC, an instituted paid for by taxes
FDIC is not funded by taxes.
https://www.fdic.gov/about/what-we-do/ https://www.fdic.gov/about/what-we-do/
“The FDIC receives no Congressional appropriations - it is funded by premiums that banks and savings associations pay for deposit insurance coverage.“