DAILY SIGNAL: Who Are Winners and Losers in Biden’s Bailout of Silicon Valley Bank? Economist Explains
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. Normally, […]