Banking Crisis

Lauren Boebert Defiant amid Banking Crisis: ‘No Bank Bailouts’

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. As Slay News reported, New York's Signature Bank imploded on Sunday evening after the Friday collapse of Silicon Valley Bank (SVB). The crisis has caused a…
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Biden: Silicon Valley Bank Investors Will ‘Lose Their Money’

Biden: Silicon Valley Bank Investors Will ‘Lose Their Money’

President Joe Biden has said that investors in the collapsed Silicon Valley Bank will "lose their money" because "that's how capitalism works." In a prepared address, Biden assured the American people that he has confidence that the U.S. banking system is safe. The president outlined his administration’s plan surrounding Silicon…
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