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Re:Swedish pension giant loses $1.1 billion from US banks’ c... by mulmen on Monday March 13, 2023 @06:22PM (#35143888)
> The FDIC, an instituted paid for by taxes

FDIC is not funded by taxes.

https://www.fdic.gov/about/what-we-do/

“The FDIC receives no Congressional appropriations - it is funded by premiums that banks and savings associations pay for deposit insurance coverage.“

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