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Biden’s Treasury Obsesses on Climate Change and Woke Causes While Banks Teeter

Call these bank collapses Biden’s Banking Busts.

AP/Jeff Chiu
A Silicon Valley Bank branch at Santa Clara, California, March 10, 2023. AP/Jeff Chiu
BETSY McCAUGHEY
BETSY McCAUGHEY

The failure of three banks in the last two weeks, including Silicon Valley Bank on Friday and Signature Bank on Sunday, is a saga of government incompetence. Call these bank collapses Biden’s Banking Busts. The Biden administration has been obsessing on woke causes while banks teeter toward insolvency.

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BETSY McCAUGHEY
BETSY McCAUGHEY

Ms. McCaughey is a former lieutenant governor of New York and co-founder of Save Our City at saveourcityny.org.

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