Because of your policies, Joe.

👍🏻👍🏻

House votes to ease bank rules, and Trump says he will sign the bill
PUBLISHED TUE, MAY 22 20185:45 PM EDT

Trump signs the biggest rollback of bank rules since the financial crisis
PUBLISHED THU, MAY 24 201812:14 PM EDT

I mean, what policies did Biden make or pass to make this happen?

2018 vs 2023. . .do some thinking. . .and actual math. If SVB was going to crash it would've done so during Trump within a year, if not months, of that bill being made law. Negative economic laws have an IMMEDIATE affect of businesses and institutes like banks.

The fact that SVB took this long to crash no doubt means something else it up. Instead of going TDS try doing, I don't know. . .look at SVB's paper and money trail.

Biden's screw up is not causing nor trying to prevent it. His screw up is forcing the FDIC to cover the amount for accounts over $250k. If anything that's another reason to take a look at SVB's money and paper trail.

Yes, let's do some thinking.

You're saying that the banks would have been compelled to make such risky economic decisions during a time when the economy was fine.

Trying to remember what caused the economy to crash during Trump's presidency that he lied to everyone about... Oh right, CoViD.

Then along came Biden with the biggest economic recovery in American History, having filled up all the lost jobs and then created a record breaking number of jobs after any presidency. But somehow, it's his fault that these banks felt compelled to make this risky move.

I'm sure Biden called up this small bank giving them orders and they followed suit resulting in their failure. (Sarcasm.)

I'm sure it's all Biden's fault that this happened. Yep. Not the guy that rolled back the regulations while Republicans cheered. (Mind you, 33 Democrat Reps did vote in favor, the rest did not.)

Regulations are there for a reason, and this is one of them.

Many.

That's funny, I said the same thing when MAGAts blamed Obama for Trump's failings. Because you know, it was okay for them to do that.

Hypocrisy at its most sweetest form.

👍🏻👍🏻

And who have bailed them out?

Bailing out the depositors, not the risk-takers. :) That'd be Biden. Based President doing based actions.