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Hello, old friends, Mr. Pain here. Now, as you all know, I have warned repeatedly that Biden would crash the economy. This is only the tip of the iceberg. Biden lied to you about inflation and he's lying to you about the banking crisis. Pain is here. More is coming.
Bank stocks are plummeting, even after intervention
Adversity temporarily visits a strong man but stays with the weak for a lifetime.
Hello, old friends, Mr. Pain here. Now, as you all know, I have warned repeatedly that Biden would crash the economy. This is only the tip of the iceberg. Biden lied to you about inflation and he's lying to you about the banking crisis. Pain is here. More is coming.
Good thing your don't own any stock
OMG only two months in the the Repubicains have crash the banks
Silicon Valley Bank collapse puts new spotlight on a 2018 Trump's and Republicans bank deregulation law
Democratic Sen. Elizabeth Warren, who led the push against that Trump-era law, now wants to restore those rules on financial institutions. Biden is also calling on Congress to act.
The failures of Silicon Valley Bank and Signature Bank are putting new scrutiny on a 2018 law that rolled back some banking regulations, with some Democrats calling to restore those rules as the federal government steps in to protect SVB depositors.
"Congress, the White House* and banking regulators should reverse the dangerous bank deregulation of the Trump era. Repealing the 2018 legislation that weakened the rules for banks like S.V.B. must be an immediate priority for Congress," Sen. Elizabeth Warren, D-Mass., wrote in a New York Times opinion piece Monday.
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