Ohio Senator J.D. Vance who currently serves on the Senate Banking Committee joins Steve Bannonâ€™s WarRoom to discuss the countryâ€™s current financial situation caused by Joe Biden and the Silicon Valley Bank bailout.
â€œWhat 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 thatâ€™s exactly what we did. What we basically did is weâ€™re going to charge community banks higher fees to put more money into Silicon Valley Bank to bailout depositors. I think thatâ€™s a catastrophic decision.â€