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Last Checked March 19, 2023

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Mon Mar 13 15:54:19 +0000 2023

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Vivek Ramaswamy @VivekGRamaswamy

@ianbremmer The rules were that FDIC deposit insurance covers up to $250k in losses. They changed the rules after the fact to save the likes of companies that banked over $400mm with SVB (which is egregious). If you change the rules to selectively save market actors, that’s plainly a bailout — PolitiTweet.org

Posted March 13, 2023