2min chapter

The American Mind cover image

Banking on Outrage

The American Mind

CHAPTER

What Do You Think About the Democrats Rates?

There was a major division among the Democrats themselves as to how the response should be structured. On Friday, Secretary of the Treasury Janet Yellen came out and firmly said there will be no bailout. Then on Monday, Biden came out and said, oh, no, the depositors were going to be okay. And then you had people like Elizabeth Warren saying that this was, you know, a problem with bank deregulation.

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