The Biden administration has maintained that paying out all depositors of Silicon Valley Bank and other collapsed banks through FDIC money, even those depositors over the $250,000 FDIC insured limit, is not a taxpayer bailout. But its taxpayers that will wind up paying higher fees because the surviving banks have to send more cash to the FDIC.
Growing Green While fossil fuel companies continue to put pollution and carbon emissions into the atmosphere, it is the people and their communities that suffer..