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Silicon Valley Bank collapse stirs up fears of 2008 bailouts

Por: The Hill Politics March 14, 2023

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The collapse of Silicon Valley Bank brings back memories on Capitol Hill of rescuing the financial markets during the 2008 collapse, raising concerns among lawmakers that taxpayers may have to pay to bail out risky financial bets.  President Biden assured the nation Monday that no taxpayer money will be used after lawmakers warned over the weekend they will not support bailouts, which are unpopular with voters.   McCarthy told “Fox News... + full article



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