Republican 2024 presidential candidate Vivek Ramaswamy has called for the federal government to step back and allow the collapsed Silicon Valley Bank (SVB) to “fully fail.”
Bankers in Israel were able to successfully transfer $1 billion in funds from Silicon Valley Bank (SVB) right before it collapsed on Friday, according to reports.
A leading Wall Street expert analyst has warned that Credit Suisse will be the next bank to collapse amid the deepening banking crisis.
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.
Twitter boss Elon Musk has revealed that he’s interested in buying the collapsed Silicon Valley Bank.
In a major wake-up call for Democrat President Joe Biden and VP Kamala Harris, a huge bank that was a dominant player in the tech industry has collapsed.