Biden Slams The Door On Reporters’ Questions About Bank Bailouts
In the wake of the collapse of Silicon Valley Bank, the Biden administration has taken the extraodinary step of guaranteeing all the bank’s deposits — even those well above and beyond the $250,000 limit guaranteed by the government’s Federal Deposit Insurance Corporation. The blame game on the bank’s failure is well underway, with Democrats pointing fingers at Donald Trump, but many Democrats went along with the 2018 deregulations that the GOP-led Congress passed.
Jimmy talks and Americans’ Comedian Kurt Metzger discuss this latest episode of government intervention in the U.S. banking system.
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