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Biden To Make Banks Pay For Silicon Valley Bank Failure

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Biden To Make Banks Pay For Silicon Valley Bank Failure

The big banks are learning that it is not 2008 anymore. There is no government bailout for Silicon Valley Bank, and they will have to pay for any losses.

Sarah Jones & Jason Easley
Mar 13, 2023
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Biden To Make Banks Pay For Silicon Valley Bank Failure

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As big corporations collapse and then try to reach into your pocket, support independent media like this newsletter that reject corporate greed and government bailouts.

Photo by lo lo on Unsplash

The collapse of Silicon Valley Bank was something that should not have happened after the passage of Dodd-Frank, but Donald Trump set the stage for more bank failures by removing regulations on small and medium regional banks.

Listen to Sarah Jones talk about the Silicon Valley Bank failure on BBC radio:

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