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Rep. Maxine Waters on Silicon Valley Bank collapse: ‘We have a lot to investigate’
Posted
March 14, 2023
Views
7,131
Likes
175
Comments
226
Engagement
5.62%
March 14, 2023
7,131
175
226
5.62%
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8:42Now PlayingPresident Biden reassured Americans that our banking system is safe in the aftermath of the second biggest bank failure in American History. Silicon Valley Bank collapsed last week when customers panicked and withdrew $42 billion after the bank took a big loss. That led Signature Bank customers to panic and withdraw more than $10 billion. Republicans are seizing on this opportunity to pin the crisis on "wokeness." Yet, Joy Reid explains why Republicans may want to cast their blame inward. Rep. Maxine Waters, chairwoman of the House Financial Services Committee, joins The ReidOut with more.
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