
FDIC Chair Confesses Your Deposits Aren't Safe Here's What Happens Next
#finance
#financement
In this video, Matt Theriault breaks down:
→ The math behind the FDIC's "Deposit Insurance Fund Restoration Plan" — and why the document's name is the confession
→ What actually happened over the weekend Silicon Valley Bank failed in March 2023, and how the federal government invented a new rule to prevent total system collapse
→ Why FDIC Chairman Travis Hill's published board statements show he's been comfortable with the math for years
→ Four things about FDIC coverage every depositor should know — including the ownership-category rule that lets a married couple legally carry up to $2 million of coverage at a single bank
→ A three-step Active Defense plan you can run this Saturday at the kitchen table
This is part of an ongoing series on the institutions Americans were taught to trust — the math that doesn't work, the policies that protect the system instead of the depositor, and the practical moves that put you ahead of the people who haven't read the paperwork.
