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
You continue to be a useless grifter.
Replying to @SenatorTimScott
You’re a weakling, repeating the talking points. It’s so disappointing to see BLACK MEN without a BACKBONE. You know that TRUMP DEREGULATED DODD/FRANK BILL, yet you Blame Biden!
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Replying to @SenatorTimScott
How do you feel about bank fraud?
Replying to @SenatorTimScott
Let me ask you, Senator Scott, when the Democrats brought up a Bill to stop the Gouging the Corporations were doing, did you vote for or against that Bill???? Let me know the Truth not what your Party wants you to say.
Replying to @SenatorTimScott
Of course
Replying to @SenatorTimScott
Tim, when are you going to contact me on MMTLP? I live in your home state and voted for you! MMTLP is a bigger issue than FTX, SVB, Madoff, and Enron! #finrafruad #MMTLP
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Replying to @SenatorTimScott
You missed the big one. Failure by donald trump for rolling back banking regulations and letting this thing happen. As far as inflation goes, failure of donald trump for creating the largest debt of any president.
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Replying to @SenatorTimScott
You forgot to blame REPUBLICANS that failed to legislate. You know, like you Cupcake.
Replying to @SenatorTimScott
You sure have a lot to say about this even though you voted to roll back the regulations that could have prevented it. What do you have to say about this? How does a grammar school child get a handgun? Thankfully another child tragedy was avoided. wltx.com/article/news/crime/…

Student found with gun at Fairfield County elementary school, sheriff says

Authorities said the gun was not loaded at the time they found it.

wltx.com
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Replying to @SenatorTimScott
Serious question. Weren't banking regulations dismantled under the Trump administration?
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