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Here is Donald Trump in 2017 bragging about rolling back regulations on community banks like Silicon Valley Bank:

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No Lie with Brian Tyler Cohen

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529,190 Aufrufe • vor 3 Jahren •via X (Twitter)

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11 Kommentare

Profilbild von G-Guy
G-Guyvor 3 Jahren

Without telling a lie Brian…what specific regulations were ‘rolled back’ that would have prevented the SVB failure? The better question is where was Treasury and the OCC? Like the rest of Bidens cabinet, late-on-arrival.

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Slingshot Newsvor 1 Jahr

🚨EXCLUSIVE: Here’s How Donald Trump Can Break China’s Battery Monopoly What do YOU think about this idea? Let us know in the comments ⬇️ Be sure to follow @NewsSlingshot for more exclusive reports!

Profilbild von Ross Schumann
Ross Schumannvor 3 Jahren

Silicon Valley bank is not a community bank...

Profilbild von Derek Franks
Derek Franksvor 3 Jahren

Why didn’t Biden reinstate the bank rules? He had two years of the senate, house and White House. It’s amazing how many bad things Trump did that Biden never showed any interest in undoing.

Profilbild von Endless Capit🅰️l
Endless Capit🅰️lvor 3 Jahren

The rollbacks had nothing to do with what happened to SVB 🤡🤡🤡

Profilbild von Greg 🚀
Greg 🚀vor 3 Jahren

You do realize a) Frank approved of the changes and b) the Fed caused this squeeze, c) SVB's actions caused the run on their bank and d) no stress tests would have stopped what happened. So... Let's talk about how to fix it going forward.

Profilbild von Dwayne Walton
Dwayne Waltonvor 3 Jahren

This is from 2018.

Profilbild von ErikadeAvenal🍓🇫🇷 Hermanita Chiva
ErikadeAvenal🍓🇫🇷 Hermanita Chivavor 3 Jahren

We’re still suffering the consequences of his failures!

Profilbild von PushItRealGood
PushItRealGoodvor 3 Jahren

"There were actually 16 bank failures between 2017 and 2020. SVB Bank is the first to collapse since Biden took office." He sourced data from the Federal Deposit Insurance Corporation (FDIC), which reports that eight banks failed in 2017, four in 2019 and four in 2020.

Profilbild von DavidKibler
DavidKiblervor 3 Jahren

The bank collapsed because of the people running it. If my small business goes belly up, it isn’t anyone’s fault but my own. Blame the people who were supposed to know better, who were responsible for the bank. Why blame anyone else?

Profilbild von Dust
Dustvor 3 Jahren

Well… SVB is not at all a community bank. Also. Anyone who understands these regulations would know that these roll backs have nothing to do with the complete management and investment failures of SVB. But… good headline

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Trump says he wouldn’t have bailed out mega woke Silicon Valley Bank! We need this guy back in the White House ASAP! Our country is going to hell.
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People are asking how regulators could have allowed Silicon Valley Bank and others to fail. Look here at this video This is from the House Financial Services Committee in Sept. Bankers laugh about the revolving door from Congress to the banks. Unusual.
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unusual_whales

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The Trump-era rollback of banking regulations was a big mistake. The proof? Silicon Valley Bank's implosion. The least Congress can do now is help prevent this type of meltdown from happening again by restoring Dodd-Frank regulations for all banks — regardless of their size.
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The purpose of Dodd-Frank was to end “too big to fail.” But it ended up creating “too small to succeed.” The post-2008 regulatory framework entrenched the dominance of the largest banks by rewarding economies of scale and lucrative lobbying operations in Washington. What followed was a community bank bottleneck that left America’s hometowns reeling. The time has come for a community bank comeback. That’s why President Donald J. Trump is re-empowering heartland bankers by rolling back the harmful regulations of his predecessor to drive growth and prosperity on Main Street.
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Wow. The former execs of failed banks Silicon Valley Bank and First Republic refused to commit to giving up their compensation when questioned about it. They made millions as the banks collapsed, per Bloomberg.
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Tucker Carlson is blaming the failure of Silicon Valley Bank on diversity: "The Obama administration imposed diversity, equity, and inclusion standards on the entire financial sector. And that's one of the main reasons our big banks are now increasingly incompetent."
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