Page 20 - Andy Kessler News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The collapse of Silicon Valley Bank (SVB) occurred just days after Congress passed the Braun-Barr resolution, which overturns the Biden administration’s “Prudence and Loyalty” rule and its encouragement of environmental, social, and governance (ESG) investing by pension managers under the Employee Retirement Income Security Act (ERISA). The timing could hardly be more instructive. The Prudence and Loyalty rule, the White House had recently argued in its defense, “reflects what successful marketplace investors already know – there is an extensive body of evidence that environmental,...

With the Silicon Valley Bank collapse, many Republicans have strayed from the vague safety of 'wokeness' and nonsensically pinned the blame on 'DEI.'

Republicans are blaming the nation’s second-largest bank failure on “wokeness,” not lax regulation, ill-fated business decisions or panicked customers

With the Silicon Valley Bank collapse, many Republicans have strayed from the vague safety of 'wokeness' and nonsensically pinned the blame on 'DEI.'

Republicans are blaming the nation’s second-largest bank failure on “wokeness,” not lax regulation, ill-fated business decisions or panicked customers