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Trump’s DOGE Team Is Asking Potential Appointees If They Can Abolish the FDIC (truthout.org)

submitted 1 week ago by Garibaldee@lemm.ee to c/usa@midwest.social

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[–] SquishyPandaDev@yiffit.net 44 points 1 week ago* (last edited 1 week ago) (2 children)

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 19 points 1 week ago

Until they get to that one.

[–] Drusas@fedia.io 7 points 1 week ago (1 children)

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.

[–] SquishyPandaDev@yiffit.net 1 points 1 week ago

Damn you autocorrect