The primary concern of the people who ran Silicon Valley Bank was social activism—LGBTQIA+; diversity, equity, and inclusion; environmental, social, and governance; and climate change.
“It is not acceptable for the federal government to mandate that procedures like sex change operations be allowed for kids,” the Florida governor tweets.
“Not only did artificially low interest rates stoke inflation, but they also have facilitated a potential banking crisis,” says EJ Antoni, research fellow for regional economics at The Heritage Foundation.
“What we’re seeing is that if you have rich depositors, if you have rich friends, if you’re a part of the in crowd, we will change all of the rules in order to bail you out,” says Peter St Onge.
