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‘Bail Out Rich People’: What You Need to Know About Biden Administration’s Silicon Valley Bank Action


By News on the Net -- DailySignal——--March 15, 2023

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The “rich people” with money in Silicon Valley Bank are the real winners in President Joe Biden’s handling of the California-based bank’s collapse, economist Peter St Onge says.

After the fall of Silicon Valley Bank over the weekend, the Biden administration announced that the Federal Deposit Insurance Corp. will cover all depositors’ money there. ---More...


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