toad.social

Bytes EuropeNorfolk bank poised to revolutionize finance as cryptocurrency regulations evolve <a href="https://www.byteseu.com/1078562/" rel="nofollow noopener" translate="no" target="_blank">https://www.byteseu.com/1078562/</a> <a href="https://pubeurope.com/tags/Crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#Crypto</a> <a href="https://pubeurope.com/tags/CryptoCurrency" class="mention hashtag" rel="nofollow noopener" target="_blank">#CryptoCurrency</a> <a href="https://pubeurope.com/tags/CryptoCurrency" class="mention hashtag" rel="nofollow noopener" target="_blank">#CryptoCurrency</a> <a href="https://pubeurope.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a> <a href="https://pubeurope.com/tags/FederalReserve" class="mention hashtag" rel="nofollow noopener" target="_blank">#FederalReserve</a> <a href="https://pubeurope.com/tags/GeniusAct" class="mention hashtag" rel="nofollow noopener" target="_blank">#GeniusAct</a> <a href="https://pubeurope.com/tags/NebraskaFinancialInnovationAct" class="mention hashtag" rel="nofollow noopener" target="_blank">#NebraskaFinancialInnovationAct</a> <a href="https://pubeurope.com/tags/Norfolk" class="mention hashtag" rel="nofollow noopener" target="_blank">#Norfolk</a> <a href="https://pubeurope.com/tags/OCC" class="mention hashtag" rel="nofollow noopener" target="_blank">#OCC</a> <a href="https://pubeurope.com/tags/PatrickGerhart" class="mention hashtag" rel="nofollow noopener" target="_blank">#PatrickGerhart</a> <a href="https://pubeurope.com/tags/tablecoins" class="mention hashtag" rel="nofollow noopener" target="_blank">#tablecoins</a> <a href="https://pubeurope.com/tags/TelecoinBank" class="mention hashtag" rel="nofollow noopener" target="_blank">#TelecoinBank</a>

UK<a href="https://www.europesays.com/uk/156139/" rel="nofollow noopener" translate="no" target="_blank">https://www.europesays.com/uk/156139/</a> Calculated Risk: Wednesday: ADP Employment, ISM Services <a href="https://pubeurope.com/tags/AutoSales" class="mention hashtag" rel="nofollow noopener" target="_blank">#AutoSales</a> <a href="https://pubeurope.com/tags/BankFailure" class="mention hashtag" rel="nofollow noopener" target="_blank">#BankFailure</a> <a href="https://pubeurope.com/tags/Business" class="mention hashtag" rel="nofollow noopener" target="_blank">#Business</a> <a href="https://pubeurope.com/tags/CalculatedRisk" class="mention hashtag" rel="nofollow noopener" target="_blank">#CalculatedRisk</a> <a href="https://pubeurope.com/tags/CRE" class="mention hashtag" rel="nofollow noopener" target="_blank">#CRE</a> <a href="https://pubeurope.com/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#economics</a> <a href="https://pubeurope.com/tags/employment" class="mention hashtag" rel="nofollow noopener" target="_blank">#employment</a> <a href="https://pubeurope.com/tags/fdic" class="mention hashtag" rel="nofollow noopener" target="_blank">#fdic</a> <a href="https://pubeurope.com/tags/Finance" class="mention hashtag" rel="nofollow noopener" target="_blank">#Finance</a> <a href="https://pubeurope.com/tags/GDP" class="mention hashtag" rel="nofollow noopener" target="_blank">#GDP</a> <a href="https://pubeurope.com/tags/HousePrices" class="mention hashtag" rel="nofollow noopener" target="_blank">#HousePrices</a> <a href="https://pubeurope.com/tags/Investment" class="mention hashtag" rel="nofollow noopener" target="_blank">#Investment</a> <a href="https://pubeurope.com/tags/jobs" class="mention hashtag" rel="nofollow noopener" target="_blank">#jobs</a> <a href="https://pubeurope.com/tags/PCE" class="mention hashtag" rel="nofollow noopener" target="_blank">#PCE</a> <a href="https://pubeurope.com/tags/RealEstate" class="mention hashtag" rel="nofollow noopener" target="_blank">#RealEstate</a> <a href="https://pubeurope.com/tags/ResidentialInvestment" class="mention hashtag" rel="nofollow noopener" target="_blank">#ResidentialInvestment</a> <a href="https://pubeurope.com/tags/UK" class="mention hashtag" rel="nofollow noopener" target="_blank">#UK</a> <a href="https://pubeurope.com/tags/unemployment" class="mention hashtag" rel="nofollow noopener" target="_blank">#unemployment</a> <a href="https://pubeurope.com/tags/UnitedKingdom" class="mention hashtag" rel="nofollow noopener" target="_blank">#UnitedKingdom</a>

⚯ Michel de Cryptadamus ⚯America's acting chair of the Office of the Comptroller of the Currency (<a href="https://universeodon.com/tags/OCC" class="mention hashtag" rel="nofollow noopener" target="_blank">#OCC</a>) is officially opening the floodgates to american banks getting involved with money laundering - sorry, i mean "cryptocurrency".<a href="https://x.com/USOCC/status/1920180546837053516" rel="nofollow noopener" translate="no" target="_blank">https://x.com/USOCC/status/1920180546837053516</a><a href="https://universeodon.com/tags/moneylaundering" class="mention hashtag" rel="nofollow noopener" target="_blank">#moneylaundering</a> <a href="https://universeodon.com/tags/corruption" class="mention hashtag" rel="nofollow noopener" target="_blank">#corruption</a> <a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspol</a> <a href="https://universeodon.com/tags/trumpcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#trumpcoin</a> <a href="https://universeodon.com/tags/trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#trump</a> <a href="https://universeodon.com/tags/crime" class="mention hashtag" rel="nofollow noopener" target="_blank">#crime</a> <a href="https://universeodon.com/tags/uspolitics" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspolitics</a> <a href="https://universeodon.com/tags/SEC" class="mention hashtag" rel="nofollow noopener" target="_blank">#SEC</a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a>

jj the Santa BarbarianVia Marisa Kabas 🦋Trump has already made it clear FDIC is a target. An early February executive order aimed at giving the president more power over independent regulatory agencies included the <a href="https://m.ai6yr.org/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a>.<a href="https://www.citizen.org/news/the-trump-administration-is-targeting-the-fdic-putting-americans-financial-wellbeing-at-risk/" rel="nofollow noopener" translate="no" target="_blank">https://www.citizen.org/news/the-trump-administration-is-targeting-the-fdic-putting-americans-financial-wellbeing-at-risk/</a>

beSpacificThe Federal Deposit Insurance Corporation <a href="https://newsie.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a> is an independent agency created by the <a href="https://newsie.social/tags/Congress" class="mention hashtag" rel="nofollow noopener" target="_blank">#Congress</a> to maintain <a href="https://newsie.social/tags/stability" class="mention hashtag" rel="nofollow noopener" target="_blank">#stability</a> and public confidence in the nation's <a href="https://newsie.social/tags/financial" class="mention hashtag" rel="nofollow noopener" target="_blank">#financial</a> system. We have no more independent agencies. <a href="https://newsie.social/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#DOGE</a> invaded the <a href="https://newsie.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a> today and will be applying their atrocious <a href="https://newsie.social/tags/AI" class="mention hashtag" rel="nofollow noopener" target="_blank">#AI</a> to plunder one of the last remaining secure <a href="https://newsie.social/tags/bank" class="mention hashtag" rel="nofollow noopener" target="_blank">#bank</a> data and <a href="https://newsie.social/tags/statistics" class="mention hashtag" rel="nofollow noopener" target="_blank">#statistics</a> repositories. “The FDIC is a prudential <a href="https://newsie.social/tags/regulator" class="mention hashtag" rel="nofollow noopener" target="_blank">#regulator</a>, meaning for some banks it is the primary regulator enforcing all the capital requirements"

KM6ECC<a href="https://toad.social/@KimPerales" class="u-url mention" rel="nofollow noopener" target="_blank">@KimPerales</a> anyone have any sense if this <a href="https://mastodon.radio/tags/fdic" class="mention hashtag" rel="nofollow noopener" target="_blank">#fdic</a> madness is impacting credit unions and the <a href="https://mastodon.radio/tags/NCUA" class="mention hashtag" rel="nofollow noopener" target="_blank">#NCUA</a> ? Could credit unions be a relatively safe harbor from the banking crisis? Or are credit union deposits just as vulnerable?

KM6ECCI remain much against buying things in the US. I am NOT going on a pre <a href="https://mastodon.radio/tags/tariff" class="mention hashtag" rel="nofollow noopener" target="_blank">#tariff</a> spending spree. If anything we did a little of that before Biden left (got a fridge that was badly needed) and stocked up on some canned goods. But we are stopping that now! Time to bow out of this economy as much as can. If you have any savings, maybe buy some land so that they can't steal your money. Remember, Trump has threatened to end the <a href="https://mastodon.radio/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a> and you can probably imagine why! <a href="https://mastodon.radio/tags/trumpdepression" class="mention hashtag" rel="nofollow noopener" target="_blank">#trumpdepression</a> <a href="https://mastodon.radio/tags/trumprecession" class="mention hashtag" rel="nofollow noopener" target="_blank">#trumprecession</a>

Kim PeralesBanking Collapse: <a href="https://toad.social/tags/FDIC" class="mention hashtag" rel="tag">#FDIC</a>: dismantling -underway:Collapse of inst safeguards -procedural. Weakening of <a href="https://toad.social/tags/FDIC" class="mention hashtag" rel="tag">#FDIC</a> oversight +mvt toward prv dig assets affect lg banks/crypto +YOU.Your Savings:🚨Dereg -quietly transferring risk back onto depositors.Access: Centralizing control under: TSY: fewer✔️s & bals. Decisions re your💰-less transparent -more pol.FIN options: Rapid dig/prv-mkt...Consumer protections: Recent leg dismantling restrictions...HOU instability...<a href="https://toad.social/tags/USPol" class="mention hashtag" rel="tag">#USPol</a> <a href="https://criticalresistance.substack.com/p/banking-collapse-update-the-fdic" target="_blank" rel="nofollow noopener" translate="no">https://criticalresistance.substack.com/p/banking-collapse-update-the-fdic</a>

Bytes EuropeFDIC Says Guidance Reflects ‘New Approach’ to Banks and Crypto <a href="https://www.byteseu.com/873531/" rel="nofollow noopener" translate="no" target="_blank">https://www.byteseu.com/873531/</a> <a href="https://pubeurope.com/tags/BankRegulation" class="mention hashtag" rel="nofollow noopener" target="_blank">#BankRegulation</a> <a href="https://pubeurope.com/tags/banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#banking</a> <a href="https://pubeurope.com/tags/Banks" class="mention hashtag" rel="nofollow noopener" target="_blank">#Banks</a> <a href="https://pubeurope.com/tags/Crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#Crypto</a> <a href="https://pubeurope.com/tags/CryptoCurrency" class="mention hashtag" rel="nofollow noopener" target="_blank">#CryptoCurrency</a> <a href="https://pubeurope.com/tags/DigitalAssets" class="mention hashtag" rel="nofollow noopener" target="_blank">#DigitalAssets</a> <a href="https://pubeurope.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a> <a href="https://pubeurope.com/tags/FederalDepositInsuranceCorporation" class="mention hashtag" rel="nofollow noopener" target="_blank">#FederalDepositInsuranceCorporation</a> <a href="https://pubeurope.com/tags/FinancialInstitutions" class="mention hashtag" rel="nofollow noopener" target="_blank">#FinancialInstitutions</a> <a href="https://pubeurope.com/tags/News" class="mention hashtag" rel="nofollow noopener" target="_blank">#News</a> <a href="https://pubeurope.com/tags/PYMNTSNews" class="mention hashtag" rel="nofollow noopener" target="_blank">#PYMNTSNews</a> <a href="https://pubeurope.com/tags/What" class="mention hashtag" rel="nofollow noopener" target="_blank">#What</a>'sHot

MusiqueNow :pride: ✡️ 🇵🇸 :anarchismhebrew:Dismantling the <a href="https://todon.eu/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a> is on the Trump admin's agenda. That means if you're in the U.S. and your bank fucks up, your money is gone!!! <a href="https://todon.eu/tags/Banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#Banking</a> <a href="https://todon.eu/tags/PersonalFinances" class="mention hashtag" rel="nofollow noopener" target="_blank">#PersonalFinances</a> <a href="https://todon.eu/tags/USBanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#USBanking</a>

SpaceLifeForm<a href="https://mastodon.scot/@bodhipaksa" class="u-url mention" rel="nofollow noopener" target="_blank">@bodhipaksa</a> It could be an inside job. The bankers invited the robber in. "we was robbed!".<a href="https://infosec.exchange/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a>

⚯ Michel de Cryptadamus ⚯Great interview on <a href="https://mstdn.social/@CryptoCriticPod" class="u-url mention" rel="nofollow noopener" target="_blank">@CryptoCriticPod</a> with a former SEC official about what went wrong w/crypto enforcement. My favourite quote:> “Crypto is a machine where fraud and money laundering go in one side and campaign contributions come out the other end.”He also makes an important point about how crypto scams functionally DDoS'ed America's regulators.> "Having 15,000 nationally available non-compliant securities [that want to litigate every step of the way] issued [within such a short time span] is not something that’s ever happened before."<a href="https://www.youtube.com/watch?v=aF7gR-1MHbw" rel="nofollow noopener" translate="no" target="_blank">https://www.youtube.com/watch?v=aF7gR-1MHbw</a><a href="https://universeodon.com/tags/SEC" class="mention hashtag" rel="nofollow noopener" target="_blank">#SEC</a> <a href="https://universeodon.com/tags/CFTC" class="mention hashtag" rel="nofollow noopener" target="_blank">#CFTC</a> <a href="https://universeodon.com/tags/finreg" class="mention hashtag" rel="nofollow noopener" target="_blank">#finreg</a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a> <a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspol</a> <a href="https://universeodon.com/tags/trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#trump</a> <a href="https://universeodon.com/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#DOGE</a> <a href="https://universeodon.com/tags/corruption" class="mention hashtag" rel="nofollow noopener" target="_blank">#corruption</a> <a href="https://universeodon.com/tags/fraud" class="mention hashtag" rel="nofollow noopener" target="_blank">#fraud</a>

⚯ Michel de Cryptadamus ⚯Good clip going through <a href="https://universeodon.com/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#DOGE</a> bro <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener" target="_blank">#MarcAndreessen</a>'s absurd lies regarding <a href="https://universeodon.com/tags/debanking" class="mention hashtag" rel="nofollow noopener" target="_blank">#debanking</a> and the <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#CFPB</a> as he attempts to convince <a href="https://universeodon.com/tags/JoeRogan" class="mention hashtag" rel="nofollow noopener" target="_blank">#JoeRogan</a> that financial regulation should be abolished.<a href="https://www.youtube.com/watch?v=FML74J7HZJs" rel="nofollow noopener" translate="no" target="_blank">https://www.youtube.com/watch?v=FML74J7HZJs</a><a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspol</a> <a href="https://universeodon.com/tags/elonMusk" class="mention hashtag" rel="nofollow noopener" target="_blank">#elonMusk</a> <a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener" target="_blank">#a16z</a> <a href="https://universeodon.com/tags/RohitChopra" class="mention hashtag" rel="nofollow noopener" target="_blank">#RohitChopra</a> <a href="https://universeodon.com/tags/RyanGrim" class="mention hashtag" rel="nofollow noopener" target="_blank">#RyanGrim</a> <a href="https://universeodon.com/tags/DropsiteNews" class="mention hashtag" rel="nofollow noopener" target="_blank">#DropsiteNews</a> <a href="https://universeodon.com/tags/JoeRogan" class="mention hashtag" rel="nofollow noopener" target="_blank">#JoeRogan</a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a> <a href="https://universeodon.com/tags/SEC" class="mention hashtag" rel="nofollow noopener" target="_blank">#SEC</a> <a href="https://universeodon.com/tags/ElizabethWarren" class="mention hashtag" rel="nofollow noopener" target="_blank">#ElizabethWarren</a>

⚯ Michel de Cryptadamus ⚯who's afraid of a little systemic risk? <a href="https://www.reuters.com/business/finance/us-bank-regulator-reaffirms-banks-can-engage-some-crypto-activities-2025-03-07/" rel="nofollow noopener" translate="no" target="_blank">https://www.reuters.com/business/finance/us-bank-regulator-reaffirms-banks-can-engage-some-crypto-activities-2025-03-07/</a><a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspol</a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#crypto</a> <a href="https://universeodon.com/tags/trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#trump</a> <a href="https://universeodon.com/tags/OCC" class="mention hashtag" rel="nofollow noopener" target="_blank">#OCC</a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a> <a href="https://universeodon.com/tags/banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#banking</a> <a href="https://universeodon.com/tags/banks" class="mention hashtag" rel="nofollow noopener" target="_blank">#banks</a>

⚯ Michel de Cryptadamus ⚯Good WSJ article about the war between <a href="https://universeodon.com/tags/Tether" class="mention hashtag" rel="nofollow noopener" target="_blank">#Tether</a> and <a href="https://universeodon.com/tags/Circle" class="mention hashtag" rel="nofollow noopener" target="_blank">#Circle</a> to capture America's financial regulations on crypto stablecoins.- Tether has on its side <a href="https://universeodon.com/tags/HowardLutnick" class="mention hashtag" rel="nofollow noopener" target="_blank">#HowardLutnick</a> (Secretary of Commerce) and <a href="https://universeodon.com/tags/JustinSun" class="mention hashtag" rel="nofollow noopener" target="_blank">#JustinSun</a> (Trump's business partner)- Circle has on its side <a href="https://universeodon.com/tags/MarcAndreessen" class="mention hashtag" rel="nofollow noopener" target="_blank">#MarcAndreessen</a> and the rest of the American <a href="https://universeodon.com/tags/NerdReich" class="mention hashtag" rel="nofollow noopener" target="_blank">#NerdReich</a> like Coinbase CEO <a href="https://universeodon.com/tags/BrianArmstrong" class="mention hashtag" rel="nofollow noopener" target="_blank">#BrianArmstrong</a>* WSJ: <a href="https://www.wsj.com/finance/currencies/who-is-giancarlo-devasini-tether-jeremy-allaire-circle-90a408b9" rel="nofollow noopener" translate="no" target="_blank">https://www.wsj.com/finance/currencies/who-is-giancarlo-devasini-tether-jeremy-allaire-circle-90a408b9</a> * no paywall: <a href="https://archive.ph/FQ9hI" rel="nofollow noopener" translate="no" target="_blank">https://archive.ph/FQ9hI</a><a href="https://universeodon.com/tags/uspol" class="mention hashtag" rel="nofollow noopener" target="_blank">#uspol</a> <a href="https://universeodon.com/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#economy</a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener" target="_blank">#crypto</a> <a href="https://universeodon.com/tags/finreg" class="mention hashtag" rel="nofollow noopener" target="_blank">#finreg</a> <a href="https://universeodon.com/tags/SEC" class="mention hashtag" rel="nofollow noopener" target="_blank">#SEC</a> <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#CFPB</a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a>

⚯ Michel de Cryptadamus ⚯lots of heinous details about the <a href="https://universeodon.com/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#CFPB</a>'s dropping of a huge number of cases against various kinds of financial scammers and predatory lenders etc. from <a href="https://universeodon.com/tags/FintechBusinessWeekly" class="mention hashtag" rel="nofollow noopener" target="_blank">#FintechBusinessWeekly</a>, by far the best reporter on the CFPB beat who is often reporting on this stuff years before <a href="https://universeodon.com/tags/WSJ" class="mention hashtag" rel="nofollow noopener" target="_blank">#WSJ</a> or <a href="https://universeodon.com/tags/NYT" class="mention hashtag" rel="nofollow noopener" target="_blank">#NYT</a> get around to noticing.<a href="https://fintechbusinessweekly.substack.com/p/fast-and-furious-fdic-cfpb-reverse" rel="nofollow noopener" translate="no" target="_blank">https://fintechbusinessweekly.substack.com/p/fast-and-furious-fdic-cfpb-reverse</a><a href="https://universeodon.com/tags/fintech" class="mention hashtag" rel="nofollow noopener" target="_blank">#fintech</a> <a href="https://universeodon.com/tags/corruption" class="mention hashtag" rel="nofollow noopener" target="_blank">#corruption</a> <a href="https://universeodon.com/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#DOGE</a> <a href="https://universeodon.com/tags/elonmusk" class="mention hashtag" rel="nofollow noopener" target="_blank">#elonmusk</a> <a href="https://universeodon.com/tags/SEC" class="mention hashtag" rel="nofollow noopener" target="_blank">#SEC</a> <a href="https://universeodon.com/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a>

Zhi Zhu 🕸️Trump is firing federal workers who are not funded by taxpayers <a href="https://archive.is/Sg9Td#selection-1099.0-1099.63" rel="nofollow noopener" translate="no" target="_blank">https://archive.is/Sg9Td#selection-1099.0-1099.63</a>"Elon Musk's <a href="https://newsie.social/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#DOGE</a> team has slashed hundreds of <a href="https://newsie.social/tags/jobs" class="mention hashtag" rel="nofollow noopener" target="_blank">#jobs</a> paid for by fees from banks, medical device companies and other forms of funding rather than taxpayer dollars, raising the question of whether the cuts will render hoped for savings..."The <a href="https://newsie.social/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a> is funded through fees paid by banks, so cutting the FDIC's expenses does nothing to reduce the federal budget""<a href="https://newsie.social/tags/Musk" class="mention hashtag" rel="nofollow noopener" target="_blank">#Musk</a> <a href="https://newsie.social/tags/Trump" class="mention hashtag" rel="nofollow noopener" target="_blank">#Trump</a> <a href="https://newsie.social/tags/Coup" class="mention hashtag" rel="nofollow noopener" target="_blank">#Coup</a> <a href="https://newsie.social/tags/Politics" class="mention hashtag" rel="nofollow noopener" target="_blank">#Politics</a> <a href="https://newsie.social/tags/News" class="mention hashtag" rel="nofollow noopener" target="_blank">#News</a> <a href="https://newsie.social/tags/USA" class="mention hashtag" rel="nofollow noopener" target="_blank">#USA</a> <a href="https://newsie.social/tags/US" class="mention hashtag" rel="nofollow noopener" target="_blank">#US</a>

Kim PeralesIn response to a request from Sen Warren, the FDIC will review Trump’s move to lay off more workers there.Backed by the Trump admin, Musk's <a href="https://toad.social/tags/DOGE" class="mention hashtag" rel="tag">#DOGE</a> reduced the FDIC staff by ~1,000 employees so far this year thru buyout offers & the layoffs of PROB employees.The FDIC is already severely understaffed, which “threatens the stability of the banking system.” -Sen WarrenThe <a href="https://toad.social/tags/FDIC" class="mention hashtag" rel="tag">#FDIC</a> IG likely placated her. The banking system is at risk under <a href="https://toad.social/tags/TrumpMusk" class="mention hashtag" rel="tag">#TrumpMusk</a>. <a href="https://toad.social/tags/USPol" class="mention hashtag" rel="tag">#USPol</a> <a href="https://toad.social/tags/CaveatEmptor" class="mention hashtag" rel="tag">#CaveatEmptor</a> <a href="https://www.cnbc.com/2025/02/20/elizabeth-warren-doge-purge-at-fdic-threaten-nations-banking-system.html" target="_blank" rel="nofollow noopener" translate="no">https://www.cnbc.com/2025/02/20/elizabeth-warren-doge-purge-at-fdic-threaten-nations-banking-system.html</a>

Gina Intheburg 🇺🇦 🌻 🥥🌴From <a href="https://bird.makeup/users/jeremy_kress" class="u-url mention" rel="nofollow noopener" target="_blank">@jeremy_kress</a> on 🦋:The <a href="https://mastodon.world/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a> is funded by fees paid by banks.Firing FDIC bank examiners saves zero taxpayer dollars and puts the whole <a href="https://mastodon.world/tags/economy" class="mention hashtag" rel="nofollow noopener" target="_blank">#economy</a> at risk. ____ <a href="https://news.bloomberglaw.com/banking-law/fdic-fires-probationary-employees-amid-continued-agency-cull" rel="nofollow noopener" translate="no" target="_blank">https://news.bloomberglaw.com/banking-law/fdic-fires-probationary-employees-amid-continued-agency-cull</a><a href="https://mastodon.world/tags/Banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#Banking</a> <a href="https://mastodon.world/tags/TrumpPurge" class="mention hashtag" rel="nofollow noopener" target="_blank">#TrumpPurge</a> <a href="https://mastodon.world/tags/MuskPurge" class="mention hashtag" rel="nofollow noopener" target="_blank">#MuskPurge</a> <a href="https://mastodon.world/tags/DOGE" class="mention hashtag" rel="nofollow noopener" target="_blank">#DOGE</a>

JennyQuestion for <a href="https://mastodon.online/tags/banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#banking</a>/ <a href="https://mastodon.online/tags/security" class="mention hashtag" rel="nofollow noopener" target="_blank">#security</a> experts: I am hearing people talk about removing their $ from banks and keeping cash at home, with the concern that musk’s DOPE team might be able to access or sell direct deposit info, acct <a href="https://mastodon.online/tags/s" class="mention hashtag" rel="nofollow noopener" target="_blank">#s</a>, etc. (For ex., see BlueSky post from Marisa Kabas below). FOTUS has also shuttered the <a href="https://mastodon.online/tags/CFPB" class="mention hashtag" rel="nofollow noopener" target="_blank">#CFPB</a> and is threatening <a href="https://mastodon.online/tags/FDIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#FDIC</a>.Qs: Could musk actually be able to access/mess with people’s <a href="https://mastodon.online/tags/bank" class="mention hashtag" rel="nofollow noopener" target="_blank">#bank</a> accounts? Is $ still safe in banks? Should we be withdrawing & keeping cash at home?

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