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Garibaldee@lemm.ee to United States | News & Politics@midwest.socialEnglish · 6 months ago

Trump’s DOGE Team Is Asking Potential Appointees If They Can Abolish the FDIC

truthout.org

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Trump’s DOGE Team Is Asking Potential Appointees If They Can Abolish the FDIC

truthout.org

Garibaldee@lemm.ee to United States | News & Politics@midwest.socialEnglish · 6 months ago
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“Trump is going to create the conditions for another depression,” one critic of the move said.
  • SquishyPandaDev@yiffit.net
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    6 months ago

    Actually this could be a good thing. It could create a mass exodus from big banks to credit unions. As credit unions have their own insurance program separate from FDIC

    • circuitfarmer@lemmy.sdf.org
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      6 months ago

      Until they get to that one.

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      6 months ago

      I’m guessing you mean exodus.

      Also, some credit unions suck. I support them overall and I use one myself, but I am very displeased with it.

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        6 months ago

        Damn you autocorrect

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