Not just FDIC though, in 2008 and again today the Fed is making clear that their...

randomname11 on March 13, 2023 | parent | context | favorite | on: Joint statement by the Department of the Treasury,...

Not just FDIC though, in 2008 and again today the Fed is making clear that their backstop is bigger than just FDIC. it can’t be any bigger than the debt limit so I find it sobering to have this discussion while we’re heading towards that cliff.