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Treasury Secretary Scott Bessent @SecScottBessent - With apologies to @SenWarren, you can’t memory hole three of the largest US bank failures – Silicon Valley Bank, Silvergate Bank, and Signature Bank – which occurred in 2023, all under the Senator’s beloved and ill-conceived regulatory straitjacket as enforced by the Biden Administration.
Over-regulation is not the solution to what ails the American banking system. Rigorous, responsible supervision is.
The initial report on the 2023 debacle by former Vice Chairman for Supervision, Michael Barr, was an exercise in obfuscation and sophistry. The American people deserve supervisors who are not asleep at the wheel, and the incoming Chairman of the Federal Reserve should undertake a thorough investigation of the systemic and oversight failures that led to that disaster.
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Elizabeth Warren @SenWarren
The Trump Admin wants to turn the clock back to 2008 and let Wall Street run wild.
We all know how that ended – with taxpayers bailing out Wall Street while millions lost their homes and got fired from their jobs.
Donald Trump could be setting the stage for the next crash.
https://x.com/SecScottBessent/status/2002138930410324028

Tricia McLaughlin @TriciaOhio - And then there’s what *actually* happened:
@ICEGov officers did NOT tackle this criminal illegal alien. This illegal alien lost balance on his bike and fell. Officers discovered his pants leg got caught in the chain of his bicycle and helped him get untangled from the bicycle.
This was a targeted operation to arrest Fernandez Flores, a criminal illegal alien from Honduras with a criminal conviction for making a false police report.
Flores entered the United States illegally at unknown date and location without inspection by an immigration officer. He will remain in ICE custody pending further immigration proceedings.
If you come to our country illegally and break our laws, we will find you, we will arrest you, and you will not return.
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