Lauren Boebert Defiant amid Banking Crisis: ‘No Bank Bailouts’
Republican Rep. Lauren Boebert (R-CO) is defiant amid the mounting banking crisis as Democrat President Joe Biden attempted to reassure Americans on Monday morning.
Republican Rep. Lauren Boebert (R-CO) is defiant amid the mounting banking crisis as Democrat President Joe Biden attempted to reassure Americans on Monday morning.
Joe Biden has blamed President Donald Trump for the recent bank failures and broadening bloodbath on Wall Street.
The banking crisis deepened on Monday morning as several banks plunged in pre-market trading, causing customers to begin lining up to withdraw their funds.
President Joe Biden has said that investors in the collapsed Silicon Valley Bank will “lose their money” because “that’s how capitalism works.”
Regulators have shut down New York’s cryptocurrency-focused Signature Bank in an effort to prevent the banking crisis from spreading.