Biden Admin’s Banking Busts

Biden Admin’s Banking Busts
Treasury Secretary Janet Yellen takes her seat as she arrives for a House Ways and Means Committee hearing on Capitol Hill in Washington on March 10, 2023. Drew Angerer/Getty Images
Betsy McCaughey
Updated:
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Commentary

The failure of three banks in the last two weeks, including Silicon Valley Bank on Friday and Signature Bank on Sunday, is a saga of utter government incompetence. Call these bank collapses Biden administration’s Banking Busts. The Biden administration has been obsessing on woke causes while banks teeter toward insolvency.

Betsy McCaughey
Betsy McCaughey
Author
Betsy McCaughey, Ph.D., is a political commentator, constitutional expert, syndicated columnist, and author of several books, including “The Obama Health Law: What It Says and How to Overturn It” and “The Next Pandemic.” She is also a former lieutenant governor of New York.
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