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Alice B.

(249 posts)
9. I don't have a WSJ subscription ...
Fri Dec 13, 2024, 09:22 AM
Dec 13

I see the part about how doing these things would require congressional action -- does it further discuss how easy to accomplish or how viable these schemes are?

That's the thing I always wonder. I see these articles, about what the TFG team is "exploring," and my anxiety level skyrockets. My overarching questions, since election night, have been: how easy is it to break these things? What can they realistically do and how fast can they do it?

Remember Silicon Valley Bank? My former employer, a sketchy tech company, was a depositor and I spent a few brief days sweating whether or not my paycheck was going to come in on time, if at all. You better believe I've learned to pay closer attention to banking regulations and protections, even (especially) for those of us with, like, $20 in savings and checking funds that go out as fast as they come in (I just paid bills this AM, after my direct deposit came in overnight -- this post resonates).

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