Published 1 year ago

Biden admin's response to Silicon Valley Bank collapse is the 'greatest form of corporate cronyism': Tim Scott

Summary by Ground News

Senator Tim Scott, R-S.C., joined Trey Gowdy to discuss the sudden bank failure of Silicon Valley Bank (SVB) in California on Friday. Scott expressed concern over the Biden administration's decision to insure all deposits, including those over the $250,000 limit. The South Carolina senator went on to discuss that the root cause of the failure was high inflation, which led to high interest rates.

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» Biden admin’s response to Silicon Valley Bank collapse is the ‘greatest form of corporate cronyism’: Tim Scott

Senator Tim Scott, R-S.C., joined

1 year ago

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Biden admin's response to Silicon Valley Bank collapse is the 'greatest form of corporate cronyism': Tim Scott

Senator Tim Scott, R-S.C., sounds the alarm on the Biden administration's decision to insure all deposits following the collapse of Silicon Valley Bank.

1 year ago·New York, United States

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Biden admin's response to Silicon Valley Bank collapse is the 'greatest form of corporate cronyism': Tim Scott

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» Biden admin’s response to Silicon Valley Bank collapse is the ‘greatest form of corporate cronyism’: Tim Scott

» Biden admin’s response to Silicon Valley Bank collapse is the ‘greatest form of corporate cronyism’: Tim Scott

Biden admin's response to Silicon Valley Bank collapse is the 'greatest form of corporate cronyism': Tim Scott

Biden admin's response to Silicon Valley Bank collapse is the 'greatest form of corporate cronyism': Tim Scott

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