Disclaimers
I am not a financial advisor and none of this is financial advice or advice of any kind. I'm stating all of this only for informational / educational purposes.
I don't know everything, and a lot of this is theory, because God knows what the Fed and/or banks will actually do in a situation.
tl;dr if you've got money in savings, you may want to take serious note of whether or not your savings account is a "money market savings account". And, you may want to take note of whether or not you have the facilities to withdraw and securely store your entire balance (or perhaps gold or something else). The bank may be withdrawing all of your money, for themselves, very soon.
Background
Whenever the government passes new laws you can rest assured that those laws will be very important in the years to come. Nearly a decade ago (I don't recall the exact year, but I think it was 2013), a bill was passed that allowed money market accounts to be frozen by the holding bank, if the bank, using their own discretion, determined they were nearing a "liquidity crisis".
Banking is Fucked
The banking system is far more complex than you might imagine, even given how many documentaries you may have watched on the topic (e.g., starting all the way back at Zeitgeist Addendum, etc.), even if you've fully read Modern Money Mechanics. It is so complex, and the relationships between various entity types and how their regulations affect the availability of funds to other entity types, etc., it would blow your mind.
Current Situation
Because banks are disincentivized (by regulation) to keep M1 money on their books (watch the latest Steven Van Metre video for a quick understanding of that), they sneak everybody into money market accounts. You walk into a bank and say "I need a savings account" and you automatically assume "OK this is actual money that I'm depositing in the bank and it is FDIC insured, etc.". Neither of those statements are true. Money market accounts are SIPC insured in most cases, but that's beside the point. The bank does not keep your M1 money on their books. The money you put in the money market account, which you didn't ask for, flows upward toward the federal reserve, into a special kind of reserve currency status. It is no longer M1 money on the bank's books.
Because of this, as Steven also briefly alludes to, banks outside of the US will begin issuing more loans than they can afford to, because of the market gap (for dollars) created by US regulations. When this happens we are going to see a dollar shortage beyond imagination, and this is going to create a liquidity crisis at the bank of your choosing. When that happens they are going to freeze your money market savings accounts first. They can't simply freeze your FDIC insured ordinary savings account based on their own discretion. I'm not saying that those accounts won't also be frozen. I have no idea. But I do know is that there is a very well defined process for FDIC insurance in the event of a bank becoming insolvent in M1 money.
Crisis
The real crisis will come when there is a "sudden realization" That the total amount of money in both forms of depository accounts does not match the amount of money required to meet regulatory standards.
The solution to this predictable crisis might be for the federal reserve to come in and take over operation of all the banks that fail, and during this process there might be a bail-in. A bail-in is when the banks take money from your account (permanently - like "steal it") to meet whatever requirements the Fed gives them.
If this happens, there will be a lot less outcry than you think, and nobody is going to reverse that when it happens. All of the BLM clowns and commie trannies with purple hair don't work and have no savings, so they won't burn anything down. They'll celebrate. The super rich already have their money protected in diversified ways. Middle-class folks with $10-100k will be hit the hardest.
Again, this is all hypothetical, and I may be completely wrong about all of this. Do you own research.
But be ready.
Understand the financial system is complex and subject to supply and demand, but I'm astounded that there could be a dollar crisis, or liquidity crisis, when the US government just increased the money supply by 25%+.
I'm also astounded at how the dollar can exhibit such strength when the US government has printed so much money over the past few years.
Understand the printing doesn't occur in a vacuum, and this is all subject to other factors, bit nonetheless I'm amazed.
The money that was created has to be paid back with interest. With interest rates rising like they have been, and the amount of total debt globally, that money gets sopped up quickly.