The Controversial Impact of Biden's Bank Policies.

Financial bailouts have been shrouded in deceit and almost always cost taxpayers far more than politicians promised. Despite past debacles, the Biden administration is championing more risky subprime mortgages. Federal intervention to rescue uninsured depositors boosts the costs of the bailout from a manageable loss to up to $175 billion. The only way to reduce systemic risk is to radically reduce Washington’s power over the economy and financial system.