We’re not going to do that again,” said Yellen.
Posted BY: Teresa | NwoReport
On Sunday, Biden’s Treasury Secretary Janet Yellen appeared on Face the Nation and was asked if a government bailout was on the table for Silicon Valley Bank in the wake of its Friday collapse.
Yellen said, “During the financial crisis there were investors and owners of systemic large banks that were bailed out and we’re certainly not looking—and the reforms that have been put in place means that we’re not going to do that again.”
After a million mistakes and bad decisions, they finally got one right!
This must not be one of the Democrats favored banks.