The cost of the government’s response to SVB’s failure will trickle down to Americans, who will face higher fees at their banks.

Sen. Scott's Opening Remarks At Senate Committee Banking Hearing

Senator Tim Scott (R-S.C.) discusses the Silicon Valley Banking Failure.

Mar 20, 2023 · 1:09 PM UTC

695
78
35
609
0
Load newest
Replying to @SenatorTimScott
Bank failure, would greed and lack of proper regulation have anything to do with it? Banks " we want a free hand to do what we want, government has to leave us alone" Banks also " we're broke, government has to bail us out"
Replying to @SenatorTimScott
So now we believe in trickle down.
Replying to @SenatorTimScott
Sure hope that’s not what banks do with the fees they incur (i.e. pass them on to consumers). Sounds like a good case for close scrutiny and regulation!
Replying to @SenatorTimScott
So sick and tired of the GOP and their focus on HATE. #magabudgetdisaster
1
Replying to @SenatorTimScott
Not so Tim. Stop scaring pple with false messaging; Economics 101
Replying to @SenatorTimScott
Is there any evidence of this?
Replying to @SenatorTimScott
Tim Scott is a liar because he has nothing good to offer Americans. All he has are his lies to try to discredit people that are not to blame for Republican power grabs & lies.
Replying to @SenatorTimScott
Lol. Literally the only trickle down we get. Remember when all those tax breaks for the rich that republicans love so much were supposed to trickle down, but didn't?
Replying to @SenatorTimScott
Why don’t you make a new law that forces banks to carry the burden instead
1
Replying to @SenatorTimScott
The cost of all the useless gop investigations will also trickle down to tax payers, I guess that’s what the gop means by trickle down economics
1
Load more