Biggest News aggregator with 200 million news articles | vimarsana.com
blaming wokeness and dei policies for quite literally everything this week it is the bankin crisis, republican politicians like ron desantis, and james comer have been openly blaming silicon valley bank's failur on so called woke policies this of course as untrue svb's failure is due in part t a bank run, rising interes rates and overall mismanagemen by executives. but we also have to look at th role our government plays an all of this. specifically, a trump era la aimed at deregulating th banking industry see, back in 2018, congres rolled back oversight for a mi sized banks, exempting the from regulation such a complying with stress tests. in maintaining certain level of liquidity svb fell into that category. last week, federal regulator said they would cover all of svb's deposits to be clear, taxpayer dollar are not being used here. but we've seen the fed step in