If regulators knew since 2021 Silicon Valley Bank had problems, why didn't they take appropriate steps to prevent #SVB's collapse? As @BankingGOP Ranking Member, I'll get to the bottom of why our regulators were asleep at the wheel.

Sen. Scott Discusses Regulatory Failure To Prevent The SVB Failure

Ranking Member Tim Scott (R-S.C.) exposes regulatory failure at Senate Banking Committee hearing.

Apr 3, 2023 · 4:02 PM UTC

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Replying to @SenatorTimScott @BankingGOP
Go back to 2918 when republicans gutted the banking regulations while your at it. Might tell you a lot.
Replying to @SenatorTimScott @BankingGOP
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Replying to @SenatorTimScott @BankingGOP
Because trump rolled back regulations, duh.
Replying to @SenatorTimScott @BankingGOP
Dude you were okay with Trump rolling back Dodd Frank so save it!
Replying to @SenatorTimScott @BankingGOP
Trump loosened regulations on banks Tim. You know this. Everyone keeps telling you this. But you keep trying to push away the blame.
Replying to @SenatorTimScott @BankingGOP
I'm sure you'll find a way to blame Democrats.
Replying to @SenatorTimScott @BankingGOP
Because they were doing cryptocurrency transactions and Biden's Project Hamilton would have been threatened.
Replying to @SenatorTimScott @BankingGOP
Replying to @SenatorTimScott @BankingGOP
No one is interested in investigations Tim.
Replying to @SenatorTimScott @BankingGOP
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