May 1, 2023

Biden thinks money grows on trees

The US government will be providing funds in either a direct or indirect bailout of First Republic bank. The funds needed eventually come from taxpayers. Why does Biden say taxpayers are not on the hook?  

Federal Deposit Insurance Agency estimating the cost to be about $13 billion. 



https://twitter.com/moxlosllc/status/1653175286563852289?s=46&t=Y4fVsDnz2q8uZ3VNKeco4A

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