Nikki Haley and GOP lawmakers blasted President Biden on Monday over his decision to rescue deep-pocketed customers of failed Silicon Valley Bank.
of failed Silicon Valley Bank — and predicted taxpayers will wind up the big losers.
“Depositors should be paid by selling off Silicon Valley Bank’s assets, not by the public. Taxpayers should not be responsible,” she added. “The problem with that argument is that people are not stupid. They’re going to understand you can’t do this at every bank.”Scott Olson/Getty Images
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