People are so shook thinking they will never get their money back blah blah blah.. the government literally prints new money every day... there will be PLENTY of paper money to ensure your savings. If you're that scared, just buy physical gold and silver.. but it's a manipulated metal. All of this hype is just to scare people, only idiots would run and pull their money out of a bank that's FDIC ensured.. bunch of idiots and clowns that don't know how money works. Sad. Stop giving into the propaganda.
If your money is in a bank that is FDIC insured, you're protected. If you have money in crypto.. you're fucked. There is zero FDIC insurance on crypto... it's the wild west.
I won’t be surprised if this also gets used as a club to beat on Republicans in the House to pass a clean debt limit increase. There are already articles crying about how they’re endangering the economy by insisting on conditions to pass a debt limit increase.