Biden's Economic Performance and Banking Policies Analyzed.

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Source: Fox Business
Biden's Economic Performance and Banking Policies Analyzed.
Photo: Fox Business
TL;DR Summary

Big banks are reportedly trying to move deposits into First Republic Bank to stabilize the banking crisis caused by the failure of Silicon Valley Bank. The FDIC and taxpayers could have been avoided if a private sale of SVB had been made. Janet Yellen claims that the banking system is stable except for these two banks, but Larry Kudlow disagrees and criticizes Biden's economic policies for causing inflation and slumping the economy.

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