The largest bank failure in American history happened in 2008, at the height of the Great Recession and the big bank bailouts that helped birth a major right-wing movement. The second- and third- largest ones happened last week. Federal regulators moved quickly on Friday to take over Silicon Valley Bank (SVB) after it became insolvent.
Gop Aims For Tea Party-style Outrage Over ‘woke Bailouts’ Of Banks
Mini Racker, Time: Politics
Mon, 03/13/2023 - 3:01pm
Topics: great recession silicon valley bank svb york-based treasury department federal deposit insurance corporation fdic tea ldquo;this ron desantis fox news other republicans rep marjorie taylor greene georgia house oversight committee chairman james comer kentucky gop environmental social governance esg read silicon valley bank s deposits were not insured arguments aaron klein brookings institution ldquo;big the fdic president biden deposit insurance fund ldquo;regular senator josh hawley missouri republican svp&rsquo some democrats ldquo;count senator chris murphy connecticut murphy ldquo;woke it&rsquo ldquo;joe biden nikki haley south carolina ldquo;a vivek ramaswamy members republicans-led president donald trump ramaswamy ldquo;you i m i federal silicon valley bank svb silicon valley svb signature svb&rsquo federal reserve biden party republican republicans americans governor time democrats murphy ramaswamy banks pay monday money customers response collapse people efforts tweeted prevent tech created management won’t parked allowed funds fees costs happened largest movement government tells helped latest don’t they’re essence attack bank’s
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