As Losses Mounted, Silicon Valley Bank Doubled Down on Woke Investments and Left-Wing Rhetoric
Following the collapse of two major banks that were focused on social justice investments, American taxpayers may now foot the bill for bad financial decisions that could have been avoided.
March 15, 2023
FDIC Has Only About Half the Cash Needed to Cover Roughly $264B in Deposits at Failed Banks, Report
President Biden says taxpayers aren't paying for failed bank losses because the money comes from the fees banks pay into the deposit insurance.