Sheila Bair

Former FDIC Chair Speaks Out: Biden Admin Overreacted with SVB ‘Bailout’

Former FDIC Chair Speaks Out: Biden Admin Overreacted with SVB ‘Bailout’

The former chair of the Federal Deposit Insurance Corporation (FDIC), Sheila Bair, has criticized the Biden administration’s "bailout" of Silicon Valley Bank (SVB). Bair denounced the Biden admin's decision to guarantee all deposits at the failed SVB, labeling the move an “overreaction.” Bair made the comments during a recent appearance…
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