SVB had dozens of red flags before it collapsed. If a Charleston restaurant had that many issues, they’d be addressed immediately. Why did regulators fail to inspect & address the bank's warning signs appropriately? They must be held accountable for costing Americans billions.

Ranking Member Scott Addresses The Silicon Valley Bank Failure

Senator Tim Scott (R-S.C.) urges for accountability during the Senate Banking Committee hearing.

May 8, 2023 · 8:46 PM UTC

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Replying to @SenatorTimScott
Free Miles Guo,Free YanPing Wang,Take Down the CCP
Replying to @SenatorTimScott
Replying to @SenatorTimScott
@BrilynHollyhand puffy eyes, one of yours? She's not impressed. @JulieSBrill @rmsherman @Phillies @NHLFlyers
Replying to @SenatorTimScott
Now you supposedly care !
Replying to @SenatorTimScott
Ask the regulators. Are they sufficiently staffed and paid? Do they have the regulatory laws to be effective?
Replying to @SenatorTimScott
You mean the regulators that were hamstrung by the last administration?
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Replying to @SenatorTimScott
Shut your guns up
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Replying to @SenatorTimScott
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Replying to @SenatorTimScott
Does this clown read bills he voted for?
Replying to @SenatorTimScott
Red flags like Trump era rollback, correct? Since you are not doing your job as regulators charged with making rules Here do your job whitehouse.gov/briefing-room…

FACT SHEET: President Biden Urges Regulators to Reverse Trump Administration Weakening of Common-...

President Biden believes that resilient community and regional banks provide vital services to small businesses, workers, and families around the country. The Biden-Harris Administration has taken...

whitehouse.gov
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