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Posts tagged as “the Federal Deposit Insurance Corporation”

Tucker Carlson’s Mistake Reminds Us of the Importance of the FDIC and Accuracy in Financial Discourse

Tucker Carlson mistakenly claimed a 2017 clip of Treasury Secretary Janet Yellen was from 2007, highlighting the importance of the Federal Deposit Insurance Corporation (FDIC) and accuracy when discussing the financial system. The FDIC provides insurance for deposits up to certain thresholds at American banks and helps to prevent one bank's failure from turning into a financial panic.