Federal regulators took their eyes off the ball, focusing on progressive priorities, like climate change policy, instead of their mission: ensuring that Americans’ banks are safe and stable.

Sen. Scott Addresses The SVB Bank Failure

Senator Tim Scott (R-S.C.) highlights the failure of regulators to focus on sound financial policies.

Apr 3, 2023 · 6:23 PM UTC

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Replying to @SenatorTimScott
Like 2008? Did you vote to loosen backing regulations?
Replying to @SenatorTimScott
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Replying to @SenatorTimScott
Hey Tim! Why are you always the last to know? Deregulation breeds loss of integrity and bad actors,causing bad things to happen. Go back to sleep!
Replying to @SenatorTimScott
Trump Administration reversed the bank regulations…this isn’t about “progressive policies”. #GOPgaslighting
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Replying to @SenatorTimScott
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Replying to @SenatorTimScott
Federal Regulators did no such thing. The banking stress test requirements were changed trump. Now when shit happens, let's blame the other side who are in power now, not our Lord & Puppet Master trump. This is what happens when you make bad decisions that turn out disastrous!
Replying to @SenatorTimScott
Did your momma teach to lie like this? I didn't think so. I imagine she hard side-eyes her confirmed bachelor lying son.
Replying to @SenatorTimScott
Uncle Ruckus, why are you allowing yourself to be used by your party to spread right wing nut propaganda? tRump made the changes that relaxed banking oversight that allows banks to make spurious investments of their customers’ money. No more bail outs. Lock the crooks up!!!
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