Sen. Cotton: Biden Policies Caused SVB Collapse
As the collapse of Silicon Valley Bank causes ripples to affect the rest of the banking world, speculation on the situation is casting blame.
The similar 2008 banking collapse is still remembered as a global disaster, and eyes are on the progression that has followed the west coast banking failure.
The initial banks were connected to business and tech companies, including start-ups, and the cryptocurrency situation is thought to be a factor.
Signature Bank in New York also failed last week, and banking insurance measures have gone above and beyond the arranged $250,000 limit …