The recent bank collapses were a failure in three parts. Failure of bank management, failure of regulators, and the failure of the Biden admin to rein in spending and control inflation.

Ranking Member Scott's Opening Remarks At Senate Banking Hearing

Senator Tim Scott (R-S.C.) discusses the banking failures and the mismanagement that caused their collapse.

Mar 30, 2023 · 4:25 PM UTC

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Replying to @SenatorTimScott
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Replying to @SenatorTimScott
Please explain how you're connecting spending and inflation to a tech-centric bank run.
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Replying to @SenatorTimScott
Why do you lie so obviously?
Replying to @SenatorTimScott
So do you want to explain to CEO’s across the land to stop price gouging and stock buybacks? It isn’t the President’s job and if he did that you would be on Fake fox every 5 minutes calling him a Socialist.
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Replying to @SenatorTimScott
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Replying to @SenatorTimScott
Mr. Scott, in my view it really comes down to two basic things: extreme greed, & the false belief that they would never get caught. Regardless of which sphere we look at — political, financial, religious, etc. — these two evils are present, and eventually expose their ugly heads.
Replying to @SenatorTimScott
Oh geez man! Bite me you weasel
Replying to @SenatorTimScott
Retail has been pointing out Wall Street and Banking crime and FINRA fraud for years. Please watch youtube.com/hbMTIpgWrTQ

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Replying to @SenatorTimScott
Tim, we are not stupid, we know who did what! Trump messed up with the regulations. So stop embarrassing yourself!
Replying to @SenatorTimScott
This is the question we must ask every lawmaker: "What have you done with your political power to make such massacres less likely?"
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