From Mike Braun <[email protected]>
Subject šŸš« Bidenā€™s Failed Bank Bailouts
Date March 25, 2023 3:31 PM
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96 John,

Community banks ā€“ comprised of hardworking
Hoosiersā€™ checking accounts and smaller depositors ā€“ should not be on
the hook for bailing out Silicon Valley Bank (SVB) and Signature Bank
for their risky financial decisions.

Joe Biden created this chaos
with his inflation-bomb spending agenda, and now he wants Hoosiers to
pay for his coastal elite bailout through increased fees at their banks.
This leftist logic makes ZERO SENSE ā€“
[link removed]-
mike-braun-on-bank-collapses-jefferson-shreve-talks-mayoral-run/ this is
precisely why Iā€™ve co-sponsored the Protecting Consumers from Bailouts
Act with Senator Hawley >>
[link removed]
-mike-braun-on-bank-collapses-jefferson-shreve-talks-mayoral-run/ The
President is trying to pass the buck of these irresponsible bank
failures onto the American people through ā€˜additional feesā€™,
subsidizing bad behavior.

The Protecting Consumers from Bailouts Act
will:

āœ”ļø Bar banks from passing to their customers the cost of any
ā€œspecial assessmentā€ fees from the FDIC to bail out these coastal elite
banks

āœ”ļø Enable the FDIC to recover bonuses paid to executives of
failed banks

Iā€™m fighting tooth and nail to defend Hoosiers from
this financial fraud. THAT you can guarantee!

ā€“ Mike Braun
[link removed]
[link removed] Paid for by Mike Braun for Indiana,
Inc.
id:2023-03-20-11:26:44:603tUnsubscribe: [link removed]
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