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It Wasn't Trump. It Was The Regulators! Economist Dr. Matt Will Explains What Happened To SVB
The collapse of Silicon Valley Bank (SVB) has sent shockwaves through not only financial sectors, but through the lives of Americans from coast to coast. A bank collapse? The largest since Washington Mutual? This is huge!
Is my bank next?
Meanwhile, Wall Street bigwigs and tech investors are screaming for the Federal government to get involved and, basically, bail out this bank.
On Capitol Hill, and across the MSM, they are blaming deregulation from former President Trump for the debacle. Of course, they purposefully fail to notice that Joe Biden is president and Democrats held control of the House and Senate for two years.
What really happened? Is it Trump's fault? Should Americans be worried? According to economist Dr. Matt Will at the University of Indianapolis: Regulators were asleep at the switch. No, it is not Trump's fault. Worry, well....you'll have to watch the video.
Presented by Americans For Prosperity. http://americansforprosperity.org
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