Former President Donald Trump is blaming the failure of the Silicon Valley Bank of President Joe Biden’s ‘anti-American policies’ as his GOP rivals Nikki Haley and Vivek Ramaswamy tweeted on Saturday that the federal government should not bail out the bank. Just hours later, Treasury Secretary Janet Yellen announced a bail out is not on the table, as federal regulators try to find a buyer for the bank. If it cannot find one, the Federal Reserve is said to be considering covering even the uninsured deposits at the bank to prevent run ons at other regional banks across the country.Trump slams Biden’s ‘anti-America policies’ for collapse of SVB and Nikki Haley says taxpayers should NOT bail out the bank – as Federal Reserve prepares to cover uninsured deposits while markets brace for chaos
also: Feds say there will be NO bailout for SVB today despite fears of market meltdown – as Biden holds crisis talks and it’s revealed bonuses were paid to staff just HOURS before bank collapsed
