Banks earn massive Fed interest on deposits while savers get pennies, and federal rules block Americans from collecting the same rates

Your bank earns 5% on your money, you earn 0.4%, and you can’t fix it.

Banks pay you 0.4% interest on your deposits, then take your money & put it at the Fed, which pays them 5% interest on your money.

Federal law bars you from cutting out the middleman & depositing your money at the Fed to get the 5% rate the Fed pays banks.

This is oligarchy. pic.twitter.com/1bJQMtyrTR

— David Sirota (@davidsirota) January 15, 2026