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SVB collapse: Republicans split over blame game for bank’s failure

By Rachel Schilke
Published March 15, 2023 4:00pm ET
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SVB collapse: Republicans split over blame game for bank’s failure
Republicans are divided over who to blame for the collapse of Silicon Valley Bank and its effect on the financial sector, focusing either on “woke” bank policies or high inflation and interest rates. Silicon Valley Bank collapsed last week after a historic run on deposits, leading to clients withdrawing $42 billion in a single day. […]

Republicans are divided over who to blame for the collapse of Silicon Valley Bank and its effect on the financial sector, focusing either on “woke” bank policies or high inflation and interest rates.

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Inflation Joe Biden Republicans Silicon Valley Bank