it's because bank deposits are insured by FDIC.
i don't know what FDIC ever did to these people, but apparently it too is now on their blow-it-up list:
www.washingtonpost.com/business/202...
Billionaires and mega-corporations are driving policy at the expense of democracy – an “absolute seizure,” as @hartmannreport.com puts it. #Velshi
www.msnbc.com/ali-velshi/w...
Except Americans, because TikTok was banned conveniently on the eve of fascist administration’s swearing in gala.
By @fastlerner.bsky.social
propub.li/gammrc
propub.li/gammrc