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#FDIC

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AnnaAnthro<p>Why weakening U.S. bank regulators could repeat the mistakes of the 2008 financial crisis </p><p>“These concerns have intensified amid reports that the Department of Government Efficiency ( <a href="https://mastodon.social/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a>), headed by Tesla founder Elon <a href="https://mastodon.social/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a>, has set its sights on the Federal Deposit Insurance Corporation ( <a href="https://mastodon.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a>) — the U.S. agency responsible for protecting deposits and administering bank insolvencies.”</p><p><a href="https://mastodon.social/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a></p><p><a href="https://theconversation.com/why-weakening-u-s-bank-regulators-could-repeat-the-mistakes-of-the-2008-financial-crisis-254365" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">theconversation.com/why-weaken</span><span class="invisible">ing-u-s-bank-regulators-could-repeat-the-mistakes-of-the-2008-financial-crisis-254365</span></a></p>
Morgan Fletcher :vbike:<p><span class="h-card" translate="no"><a href="https://mastodon.social/@br00t4c" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>br00t4c</span></a></span> paywall article; it's the <a href="https://sfba.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a>.</p>
beSpacific<p>The Federal Deposit Insurance Corporation <a href="https://newsie.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> is an independent agency created by the <a href="https://newsie.social/tags/Congress" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Congress</span></a> to maintain <a href="https://newsie.social/tags/stability" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stability</span></a> and public confidence in the nation's <a href="https://newsie.social/tags/financial" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>financial</span></a> system. We have no more independent agencies. <a href="https://newsie.social/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a> invaded the <a href="https://newsie.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> today and will be applying their atrocious <a href="https://newsie.social/tags/AI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AI</span></a> to plunder one of the last remaining secure <a href="https://newsie.social/tags/bank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bank</span></a> data and <a href="https://newsie.social/tags/statistics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>statistics</span></a> repositories. “The FDIC is a prudential <a href="https://newsie.social/tags/regulator" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>regulator</span></a>, meaning for some banks it is the primary regulator enforcing all the capital requirements"</p>
KM6ECC<p><span class="h-card" translate="no"><a href="https://toad.social/@KimPerales" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>KimPerales</span></a></span> anyone have any sense if this <a href="https://mastodon.radio/tags/fdic" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fdic</span></a> madness is impacting credit unions and the <a href="https://mastodon.radio/tags/NCUA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NCUA</span></a> ? Could credit unions be a relatively safe harbor from the banking crisis? Or are credit union deposits just as vulnerable?</p>
KM6ECC<p>I remain much against buying things in the US. I am NOT going on a pre <a href="https://mastodon.radio/tags/tariff" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tariff</span></a> spending spree. If anything we did a little of that before Biden left (got a fridge that was badly needed) and stocked up on some canned goods. But we are stopping that now! Time to bow out of this economy as much as can. If you have any savings, maybe buy some land so that they can't steal your money. Remember, Trump has threatened to end the <a href="https://mastodon.radio/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> and you can probably imagine why! <a href="https://mastodon.radio/tags/trumpdepression" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumpdepression</span></a> <a href="https://mastodon.radio/tags/trumprecession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trumprecession</span></a></p>
not ch1c<p>I like to do my research after I post</p><p>By research I mean looking at <a href="https://kolektiva.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> </p><p>From: <span class="h-card" translate="no"><a href="https://toad.social/@KimPerales" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>KimPerales</span></a></span><br><a href="https://toad.social/@KimPerales/114258207539817387" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">toad.social/@KimPerales/114258</span><span class="invisible">207539817387</span></a></p>
Kim Perales<p>Banking Collapse: <a href="https://toad.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a>: dismantling -underway:</p><p>Collapse of inst safeguards -procedural. Weakening of <a href="https://toad.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> oversight +mvt toward prv dig assets affect lg banks/crypto +YOU.</p><p>Your Savings:🚨Dereg -quietly transferring risk back onto depositors.</p><p>Access: Centralizing control under: TSY: fewer✔️s &amp; bals. Decisions re your💰-less transparent -more pol.</p><p>FIN options: Rapid dig/prv-mkt...</p><p>Consumer protections: Recent leg dismantling restrictions...</p><p>HOU instability...</p><p><a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a> <a href="https://criticalresistance.substack.com/p/banking-collapse-update-the-fdic" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">criticalresistance.substack.co</span><span class="invisible">m/p/banking-collapse-update-the-fdic</span></a></p>
SpaceLifeForm<p><span class="h-card" translate="no"><a href="https://mastodon.scot/@bodhipaksa" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>bodhipaksa</span></a></span> </p><p>It could be an inside job. The bankers invited the robber in. "we was robbed!".</p><p><a href="https://infosec.exchange/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>Great interview on <span class="h-card" translate="no"><a href="https://mstdn.social/@CryptoCriticPod" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>CryptoCriticPod</span></a></span> with a former SEC official about what went wrong w/crypto enforcement. My favourite quote:</p><p>&gt; “Crypto is a machine where fraud and money laundering go in one side and campaign contributions come out the other end.”</p><p>He also makes an important point about how crypto scams functionally DDoS'ed America's regulators.</p><p>&gt; "Having 15,000 nationally available non-compliant securities [that want to litigate every step of the way] issued [within such a short time span] is not something that’s ever happened before."</p><p><a href="https://www.youtube.com/watch?v=aF7gR-1MHbw" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=aF7gR-1MHb</span><span class="invisible">w</span></a></p><p><a href="https://universeodon.com/tags/SEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SEC</span></a> <a href="https://universeodon.com/tags/CFTC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFTC</span></a> <a href="https://universeodon.com/tags/finreg" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finreg</span></a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> <a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a> <a href="https://universeodon.com/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a> <a href="https://universeodon.com/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a> <a href="https://universeodon.com/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://universeodon.com/tags/fraud" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fraud</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>Good clip going through <a href="https://universeodon.com/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a> bro <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcAndreessen</span></a>'s absurd lies regarding <a href="https://universeodon.com/tags/debanking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debanking</span></a> and the <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFPB</span></a> as he attempts to convince <a href="https://universeodon.com/tags/JoeRogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JoeRogan</span></a> that financial regulation should be abolished.</p><p><a href="https://www.youtube.com/watch?v=FML74J7HZJs" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">youtube.com/watch?v=FML74J7HZJ</span><span class="invisible">s</span></a></p><p><a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a> <a href="https://universeodon.com/tags/elonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>elonMusk</span></a> <a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a> <a href="https://universeodon.com/tags/RohitChopra" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RohitChopra</span></a> <a href="https://universeodon.com/tags/RyanGrim" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RyanGrim</span></a> <a href="https://universeodon.com/tags/DropsiteNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DropsiteNews</span></a> <a href="https://universeodon.com/tags/JoeRogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JoeRogan</span></a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> <a href="https://universeodon.com/tags/SEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SEC</span></a> <a href="https://universeodon.com/tags/ElizabethWarren" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ElizabethWarren</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>who's afraid of a little systemic risk?<br><a href="https://www.reuters.com/business/finance/us-bank-regulator-reaffirms-banks-can-engage-some-crypto-activities-2025-03-07/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">reuters.com/business/finance/u</span><span class="invisible">s-bank-regulator-reaffirms-banks-can-engage-some-crypto-activities-2025-03-07/</span></a></p><p><a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://universeodon.com/tags/trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>trump</span></a> <a href="https://universeodon.com/tags/OCC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OCC</span></a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> <a href="https://universeodon.com/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a> <a href="https://universeodon.com/tags/banks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banks</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>Good WSJ article about the war between <a href="https://universeodon.com/tags/Tether" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Tether</span></a> and <a href="https://universeodon.com/tags/Circle" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Circle</span></a> to capture America's financial regulations on crypto stablecoins.</p><p>- Tether has on its side <a href="https://universeodon.com/tags/HowardLutnick" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>HowardLutnick</span></a> (Secretary of Commerce) and <a href="https://universeodon.com/tags/JustinSun" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>JustinSun</span></a> (Trump's business partner)</p><p>- Circle has on its side <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcAndreessen</span></a> and the rest of the American <a href="https://universeodon.com/tags/NerdReich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NerdReich</span></a> like Coinbase CEO <a href="https://universeodon.com/tags/BrianArmstrong" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BrianArmstrong</span></a></p><p>* WSJ: <a href="https://www.wsj.com/finance/currencies/who-is-giancarlo-devasini-tether-jeremy-allaire-circle-90a408b9" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">wsj.com/finance/currencies/who</span><span class="invisible">-is-giancarlo-devasini-tether-jeremy-allaire-circle-90a408b9</span></a><br>* no paywall: <a href="https://archive.ph/FQ9hI" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="">archive.ph/FQ9hI</span><span class="invisible"></span></a></p><p><a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a> <a href="https://universeodon.com/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economy</span></a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://universeodon.com/tags/finreg" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finreg</span></a> <a href="https://universeodon.com/tags/SEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SEC</span></a> <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFPB</span></a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>lots of heinous details about the <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFPB</span></a>'s dropping of a huge number of cases against various kinds of financial scammers and predatory lenders etc. from <a href="https://universeodon.com/tags/FintechBusinessWeekly" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FintechBusinessWeekly</span></a>, by far the best reporter on the CFPB beat who is often reporting on this stuff years before <a href="https://universeodon.com/tags/WSJ" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WSJ</span></a> or <a href="https://universeodon.com/tags/NYT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NYT</span></a> get around to noticing.</p><p><a href="https://fintechbusinessweekly.substack.com/p/fast-and-furious-fdic-cfpb-reverse" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">fintechbusinessweekly.substack</span><span class="invisible">.com/p/fast-and-furious-fdic-cfpb-reverse</span></a></p><p><a href="https://universeodon.com/tags/fintech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fintech</span></a> <a href="https://universeodon.com/tags/corruption" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>corruption</span></a> <a href="https://universeodon.com/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a> <a href="https://universeodon.com/tags/elonmusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>elonmusk</span></a> <a href="https://universeodon.com/tags/SEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SEC</span></a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a></p>
Zhi Zhu 🕸️<p>Trump is firing federal workers who are not funded by taxpayers<br><a href="https://archive.is/Sg9Td#selection-1099.0-1099.63" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">archive.is/Sg9Td#selection-109</span><span class="invisible">9.0-1099.63</span></a></p><p>"Elon Musk's <a href="https://newsie.social/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a> team has slashed hundreds of <a href="https://newsie.social/tags/jobs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>jobs</span></a> paid for by fees from banks, medical device companies and other forms of funding rather than taxpayer dollars, raising the question of whether the cuts will render hoped for savings...</p><p>"The <a href="https://newsie.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> is funded through fees paid by banks, so cutting the FDIC's expenses does nothing to reduce the federal budget""</p><p><a href="https://newsie.social/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a> <a href="https://newsie.social/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://newsie.social/tags/Coup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Coup</span></a> <a href="https://newsie.social/tags/Politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Politics</span></a> <a href="https://newsie.social/tags/News" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>News</span></a> <a href="https://newsie.social/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USA</span></a> <a href="https://newsie.social/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a></p>
Kim Perales<p>In response to a request from Sen Warren, the FDIC will review Trump’s move to lay off more workers there.</p><p>Backed by the Trump admin, Musk's <a href="https://toad.social/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a> reduced the FDIC staff by ~1,000 employees so far this year thru buyout offers &amp; the layoffs of PROB employees.</p><p>The FDIC is already severely understaffed, which “threatens the stability of the banking system.”<br>-Sen Warren</p><p>The <a href="https://toad.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> IG likely placated her. The banking system is at risk under <a href="https://toad.social/tags/TrumpMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TrumpMusk</span></a>.<br> <br><a href="https://toad.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a> <a href="https://toad.social/tags/CaveatEmptor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CaveatEmptor</span></a> <a href="https://www.cnbc.com/2025/02/20/elizabeth-warren-doge-purge-at-fdic-threaten-nations-banking-system.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">cnbc.com/2025/02/20/elizabeth-</span><span class="invisible">warren-doge-purge-at-fdic-threaten-nations-banking-system.html</span></a></p>
Jenny<p>Question for <a href="https://mastodon.online/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a>/ <a href="https://mastodon.online/tags/security" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>security</span></a> experts:<br>I am hearing people talk about removing their $ from banks and keeping cash at home, with the concern that musk’s DOPE team might be able to access or sell direct deposit info, acct <a href="https://mastodon.online/tags/s" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>s</span></a>, etc. (For ex., see BlueSky post from Marisa Kabas below). FOTUS has also shuttered the <a href="https://mastodon.online/tags/CFPB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFPB</span></a> and is threatening <a href="https://mastodon.online/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a>.</p><p>Qs: Could musk actually be able to access/mess with people’s <a href="https://mastodon.online/tags/bank" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>bank</span></a> accounts? Is $ still safe in banks? Should we be withdrawing &amp; keeping cash at home?</p>
Edge 🇨🇦🇲🇽🇺🇦🏳️‍🌈<p>They're talking about removing the FDIC, just let that sink in. Panics, bank runs, collapse.</p><p>This is what they want. When they talk about "pain" they aren't talking about their own...</p><p><a href="https://news.bloomberglaw.com/tax-insights-and-commentary/musks-treasury-incursion-puts-entire-financial-system-at-risk" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">news.bloomberglaw.com/tax-insi</span><span class="invisible">ghts-and-commentary/musks-treasury-incursion-puts-entire-financial-system-at-risk</span></a></p><p><a href="https://vmst.io/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USPol</span></a> <a href="https://vmst.io/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a> <a href="https://vmst.io/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>another great (and very detailed) resource on the <a href="https://universeodon.com/tags/debanking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debanking</span></a> and "Operation Chokepoint 2.0" conspiracy theories being wielded against the <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFPB</span></a> and <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> from <a href="https://universeodon.com/tags/PatrickMcKenzie" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>PatrickMcKenzie</span></a> (Patio11).</p><p><a href="https://universeodon.com/tags/NathanMcCauley" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NathanMcCauley</span></a>, the broligarch who runs "crypto bank" <a href="https://universeodon.com/tags/AnchorageDigital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>AnchorageDigital</span></a>, asked Patrick to retract the post. He refused.</p><p>* original post: <a href="https://www.bitsaboutmoney.com/archive/debanking-and-debunking/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">bitsaboutmoney.com/archive/deb</span><span class="invisible">anking-and-debunking/</span></a><br>* thread about the retraction request: <a href="https://x.com/patio11/status/1888973701342785942" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">x.com/patio11/status/188897370</span><span class="invisible">1342785942</span></a><br>* full story about retraction request rejection: <a href="https://www.kalzumeus.com/2025/02/10/retraction-request-denied/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">kalzumeus.com/2025/02/10/retra</span><span class="invisible">ction-request-denied/</span></a></p><p><a href="https://universeodon.com/tags/NerdReich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NerdReich</span></a> <a href="https://universeodon.com/tags/broligarchs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>broligarchs</span></a> <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcAndreessen</span></a> <a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a> <a href="https://universeodon.com/tags/VCs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>VCs</span></a> <a href="https://universeodon.com/tags/banking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>banking</span></a> <a href="https://universeodon.com/tags/finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finance</span></a> <a href="https://universeodon.com/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>economics</span></a> <a href="https://universeodon.com/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a> <a href="https://universeodon.com/tags/elonmusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>elonmusk</span></a> <a href="https://universeodon.com/tags/BenHorowitz" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BenHorowitz</span></a> <a href="https://universeodon.com/tags/OperationChokepoint2" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OperationChokepoint2</span></a> <a href="https://universeodon.com/tags/OperationChokepoint" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OperationChokepoint</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>great (and consistently updated, so far) resource to keep track of <a href="https://universeodon.com/tags/DOGE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOGE</span></a>'s assault on the government on an agency by agency basis.</p><p><a href="https://americanmanifesto.news/p/department-of-government-extinction-tracker/comments" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">americanmanifesto.news/p/depar</span><span class="invisible">tment-of-government-extinction-tracker/comments</span></a></p><p><a href="https://universeodon.com/tags/elonmusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>elonmusk</span></a> <a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a> <a href="https://universeodon.com/tags/uspolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspolitics</span></a> <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFPB</span></a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> <a href="https://universeodon.com/tags/NIH" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NIH</span></a> <a href="https://universeodon.com/tags/treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>treasury</span></a> <a href="https://universeodon.com/tags/labor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>labor</span></a> <a href="https://universeodon.com/tags/USAID" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USAID</span></a> <a href="https://universeodon.com/tags/FBI" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FBI</span></a> <a href="https://universeodon.com/tags/DOE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DOE</span></a></p>
⚯ Michel de Cryptadamus ⚯<p>Fintech Business Weekly is easily the best outlet covering attacks on <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CFPB</span></a> by crypto creeps like <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarcAndreessen</span></a> (<a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a>) and <a href="https://universeodon.com/tags/BrianArmstrong" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>BrianArmstrong</span></a> (<a href="https://universeodon.com/tags/Coinbase" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Coinbase</span></a>). The <a href="https://universeodon.com/tags/debanking" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>debanking</span></a> and “Operation Chokepoint 2.0” conspiracy theories are being weaponized by these <a href="https://universeodon.com/tags/NerdReich" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NerdReich</span></a> bros to deregulate what is already an incredible fraudulent industry.</p><p><a href="https://fintechbusinessweekly.substack.com/p/debankings-dueling-narratives" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">fintechbusinessweekly.substack</span><span class="invisible">.com/p/debankings-dueling-narratives</span></a></p><p><a href="https://universeodon.com/tags/Coinbase" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Coinbase</span></a> <a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>a16z</span></a> <a href="https://universeodon.com/tags/OperationChokepoint2" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>OperationChokepoint2</span></a> <a href="https://universeodon.com/tags/operationChokepoint" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>operationChokepoint</span></a> <a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspol</span></a> <a href="https://universeodon.com/tags/finreg" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>finreg</span></a> <a href="https://universeodon.com/tags/uspolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>uspolitics</span></a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>FDIC</span></a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a></p>