Drew Angerer / Getty ImagesHouse Speaker Kevin McCarthy, R-Calif.
“To be clear: we do not believe regulators should assist SVB shareholders,” the letter states, in references to discussions of a buyout, whichhas already downplayed. “Right now, we are concerned about the depositors at SVB, and at banks across the country, suddenly unnerved by SVB’s catastrophic failure that unfolded in just forty-eight hours, accelerated, in part, by social media and pack mentality withdrawals.
Members of the California congressional delegation were briefed Saturday night by the FDIC on SVB, multiple offices in the House and Senate told NBC News. Rep. Ro Khanna, D-Calif., said that acquisitions would be “the ideal situation” and that the California delegation “made that clear” when speaking to the FDIC on Saturday night.
Buddy u belong in private sector destroying our banking systems?
I don't remember the seriousness of the 8 banks that collapsed while the orange fatso was president.
Kevin McCarthy you need to talk to MJ Green and Boebert then get a final answer from tucker Carlson. They know how to solve americas most serious problems. Just ask Rand Paul, Rafael Cruz and Andy Biggs and Paul Gosar.
It’s cloudy today. Must be the woke meteorologist! 🤣🤣🤣
Damn shame, it’s like something changed after Dodd-Frank.
Enjoy the Metaverse and very a hot Xi Jinping free Taiwan 🇹🇼 and world peace 😘
Treasury already said no to a bailout, the Federal Reserve isn't going to do much without the backing of the Treasury Department McCarthy is going to have to appeal to Biden for help
it's so cute when the Cons demand more Socialism and Big Government Regulations.
He strongly supported the Dodd-Frank rollback of banking regulations......and here we are. Will folks like him ever be held accountable for the horrible decisions they make? America, you must do better, educate yourself!
Whoops
Is that the Reichsadler in the back? Would fit his nationalistic, fascist agenda.
SpeakerMcCarthy Why Don’t YOU Explain to Customers of SVB How YOU & REST OF HouseGOP SenateGOP & T***p Gutted Dodd-Frank Regulations bc Lobbyists Spent MILLIONS OF $$ to get These Regulations ‘Loosened’!! YOU are Despicable!!
weakerspeaker is a complicit coward who pushed deregulation and is afraid to visit Ukraine
So he's worried. Should we be worried?
His guy deregulated our financial sector. Incompetence in government!
SpeakerMcCarthy aided in their collapse and I’m sure he’ll be expecting taxpayers to bail them out
No bailouts