Senator Vance Explains How The Deplorables Are Stuck With The Bill For SVB’s Failures

Ohio Senator J.D. Vance who currently serves on the Senate Banking Committee joins Steve Bannon’s WarRoom to discuss the country’s current financial situation caused by Joe Biden and the Silicon Valley Bank bailout.

“What happens to Silicon Valley Bank is one issue. Whether we have a bank run or financial panic is another issue. In my view Steve, is that we could have prevented a bank run without bailing out SVB and lets be honest that’s exactly what we did. What we basically did is we’re going to charge community banks higher fees to put more money into Silicon Valley Bank to bailout depositors. I think that’s a catastrophic decision.”