Image: Lauren Boebert, Joe Biden, Twitter Screenshot, YouTube Screenshot

As Joe Biden Attempts to Reassure Americans, Lauren Boebert Defiant Amid Crisis, ‘No Bank Bailouts’

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In: ECONOMY, X/TWEET

Joe Biden today attempted to reassure Americans, while U.S. House Rep Lauren Boebert (R-CO) is defiant amid the crisis.

In a tweet today, Boebert put it bluntly, “No bank bailouts.”

In a tweet last night, Boebert unloaded as she said, “On a briefing with Biden Under Secretary of the Treasury Nellie Liang regarding the SVB BAILOUT they are working towards and a member asked if they were reaching out to Facebook and Twitter to monitor misinformation and ‘bad actors.'”

“And this administration AGAIN just committed the federal government to interfere with free speech. Unacceptable!” Boebert declared.

ABC News reported on Biden’s remarks this morning as he said from the White House, “Americans can rest assured that our banking system is safe.”

“Your deposits are safe. Let me also assure you, we will not stop at this. We’ll do whatever is needed,” Biden insisted.

Yesterday, the federal government said that all depositors at Silicon Valley Bank and Signature Bank will be protected and be able to get access to their money Monday morning.

The funds would come from a “special fund” set up by the nation’s banks and from the sale of the banks’ assets, rather than from taxpayers they assured.

Biden sought to reassure Americans that would be the case as he repeated, “No losses will be borne by the taxpayers.”

According to Disclose.TV, trading has been halted for multiple U.S. bank stocks at market open today.

David Caron
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