When the Fed says this<p>>“depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.”<p>It's largely undone by this<p>> “any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.”<p>because that just means the costs will be paid by all U.S. banks which means it comes out of bank fees/costs borne by U.S. banking customers (ie almost everyone).