Subject: Re: FDIC
I suspect he'll just deprive it of funds.
Here’s the thing, which clearly demonstrates how ignorant, evil, and stupid Trump/Musk are. The FDIC doesn’t cost the government a red cent. NOT ONE PENNY. The FDIC is entirely funded by banks.
For my friend, albaby: the funds are split among local banks and all accounts are below $250k.
The current administration doesn’t like any regulations, even if they keep people healthy, bodily and financially.
Why? They just want to loot the place.