Brad Sherman Exposes the Truth About FDIC Insurance

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Breitbart reports, in Bloomberg's "Balance of Power" broadcast Friday, Rep. According to Brad Sherman (D-CA), the FDIC insurance used to backstop depositors at Silicon Valley Bank (SVB) and that federal officials have indicated will be used in the future to backstop depositors is not free and that it is passed on to the depositors in the end.”

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Read More: https://www.breitbart.com/clips/2023/03/25/dem-rep-sherman-fdic-insurance-used-to-backstop-svb-depositors-not-free-and-cost-is-passed-on-to-the-depositor/

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