Musk and Ramsomswany want to eliminate the FDIC?

[Astrostar]

Trump's DOGE advisers have forgotten this lesson from 'It's a Wonderful Life'

Don’t understand the FDIC? Neither, apparently, do Elon Musk and Vivek Ramaswamy, who have floated the idea of eliminating it.

www.msnbc.com

They are a couple of Looney Tunes and Trump is dumb enough to buy into it. Back to the mattresses! Bigly!!!

 

[pknopp]

They know how to keep the excitement up with the rubes. It's not going to happen.

 

[d0gbreath]

When the FDIC is history, there will be a run on banks like you've never seen before. This ain't '29, so it will be a little lesser. Just folks taking out the big sums and leaving enough to pay your online payments with your card.

 

[Thunk]

Oh look...more fake news from MSNBC

 

[WEATHER53]

Oh look...more fake news from MSNBC

They may restructure it but not eliminate federal insurance for Americans savings accounts and other like kind
Fear and panic falsities from lib loons

 

[Votto]

They may restructure it but not eliminate federal insurance for Americans savings accounts and other like kind
Fear and panic falsities from lib loons

Do you need to fund an entire department to continue to ensure money back on deposits?

No.

 

[Rambunctious]

The federal government agencies and contractors are failures...
The FDIC needs reforming but I've heard no one in Trump's world say they want it eliminated... so the OP is lying...
But watch how ineffective your government is and see if you want to defend them or the FDIC or anything else the feds do....

 

[1srelluc]

Maybe this is why......The FDIC "rescued" depositors over the 250K limit.

Customer deposits of more than $250,000 at 2 failed banks will be guaranteed​

 

[MarathonMike]

Trump's DOGE advisers have forgotten this lesson from 'It's a Wonderful Life'

Don’t understand the FDIC? Neither, apparently, do Elon Musk and Vivek Ramaswamy, who have floated the idea of eliminating it.

www.msnbc.com

They are a couple of Looney Tunes and Trump is dumb enough to buy into it. Back to the mattresses! Bigly!!!

The Trump Hater Cultists are running around with their hair on fire over every single Tweet and quote coming out of D.O.G.E. THEY HAVE NO OFFICIAL AUTHORITY TO CANCEL ANYTHING. Take another Xanax and breathe into a paper bag.

 

[C_Clayton_Jones]

They know how to keep the excitement up with the rubes. It's not going to happen.

It’s the rubes who voted for Trump who will be the most harmed.

 

[theHawk]

It’s the rubes who voted for Trump who will be the most harmed.

That’s rich, after the Biden regime tried to force me to take an experimental vaccine.

 

[okfine]

It’s the rubes who voted for Trump who will be the most harmed.

Yes.

Their shit smells worse than others

 

[Delldude]

Sure it isn't the federal reserve system?

 

[MarathonMike]

It’s the rubes who voted for Trump who will be the most harmed.

Clayton the Cultist chimes in. LOL I'm sure you will be furious when President Trump and his team starts making things better for America AND Americans.

 

[JohnDB]

The Banking failures belong to Trump and not Biden in truth. His appointments that Biden left in place. (Which is suspicious to begin with)

His lack of regulation allowed them to buy too many of the government bonds at 2% interest when less than 6 months later they began their climb to 6+% interest.....or losing billions of dollars by selling them.

 

[Zincwarrior]

Do you need to fund an entire department to continue to ensure money back on deposits?

No.

The FDIC also regulates banks. You want unregulated banks? What dumbfuckery is that?

 

[Arlette]

They may restructure it but not eliminate federal insurance for Americans savings accounts and other like kind
Fear and panic falsities from lib loons

What's there to restructure? Your deposit is either insured or it's not.

 

[pknopp]

It’s the rubes who voted for Trump who will be the most harmed.

No, everyone would be which is why it would never happen. It would cause massive runs on the banks.

 

[Calypso Jones]

Sure will be nice to see a lot of these departments and agencies eliminated.

 

[Rawley]

Trump's DOGE advisers have forgotten this lesson from 'It's a Wonderful Life'

Don’t understand the FDIC? Neither, apparently, do Elon Musk and Vivek Ramaswamy, who have floated the idea of eliminating it.

www.msnbc.com

They are a couple of Looney Tunes and Trump is dumb enough to buy into it. Back to the mattresses! Bigly!!!

So who said they want to eliminate FDIC, Musk or Ramaswami?