Silicon Valley Bank's Bailout of Democrat Donors Is Indefensible

There are a lot of Democrats that wanted to protect Silicon Valley Bank because they were also a lot of the people that had their money. Is that going to be part of the politics that plays out in this? Unquestionably. The Biden administration ran to step in and do a multi-billion dollar bailout. Why? Because the depositors were overwhelmingly politically well connected left wing Democrats. And so immediately the White House said, all right, we got your back. You're fully covered.