Republicans Who Pushed for Financial Deregulation Blame Silicon Valley Bank Collapse on “Woke Agenda” ...Middle East

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In the aftermath of the collapse of bloated tech lender Silicon Valley Bank, conservatives have flailed around, lazily throwing any culprit at the wall except the-word-that-must-not-be-said: deregulation.Republican members of Congress are blaming “wokeness,” critical race theory, and diversity, equity, and inclusion—ignoring their own history of pushing for a deregulated financial industry.Missouri Senator Josh Hawley on Monday complained that SVB was “too woke to fail,” opining that “these SVB guys spend all their time funding woke garbage (“climate change solutions”) rather than actual banking and now want a handout from taxpayers to save them.” SVB, of course, lends money to any number of

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Republicans Who Pushed for Financial Deregulation Blame Silicon Valley Bank Collapse on “Woke Agenda” ...Middle East

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