President-elect Donald Trump’s advisers, including billionaire Elon Musk’s non-existent Department of Government Efficiency (DOGE), are considering getting rid of the bank regulators, including the Office of the Comptroller of the Currency and Federal Deposit Insurance Corporation (FDIC), which protects everyone’s bank account up to $250,000 if the bank fails, to prevent another Great Depression, reported The Wall Street Journal and MSNBC.
(Sources: MSNBC/YouTube, The Wall Street Journal)