Taxpayer money not being used to bail out the banks. Another Biden Lie. In January of 2021 The Washington Post said they would not count the lies that Joe Biden would make over the next four years. I can see why. When you count the ones that Joey Boy has repeated, he's in the tens of thousands.
Now Republic Bank was seized over the weekend. And by Monday the FDIC said that they would not only give the major four banks 30 billion dollars for helping Republic, but they would issue 13 billion dollars to the pot. So says Senator Durbin.
Also the FDIC said they would cover half the bad loans that JP Morgan gets from this takeover. So when you add it all up, you're looking at 75-100 billion dollars that the taxpayers end up paying.