It is round up information overload our 804 one Sean if you want to be a part of the program so

We have the largest bank collapse since 2008 in this country 16th largest bank in the country

Then of course we have this you know of this Biden bank run panic going on around the country regulators on Sunday saying that

The New York based signature bank is being shut down to protect consumers and financial systems following the collapse of

SVB the California Silicon Valley bank

And you know go back to Janet Yellen. What did she say? Oh, that's right. She said that we're not going to have a bailout of the Silicon Valley bank

And Joe Biden

In fact has gone on record

Promising that they'll be a full payout to everybody regardless of whether you have more than $250,000 which is the FDIC

Insurance limit anyway

Here's what Joe Biden said earlier today and finally must reduce the risk of this happening again

During the Obama Biden administration we put in place tough requirements on banks

Like Silicon Valley bank and signature bank

Including the Dodd-Frank law to make sure that the crisis we saw in 2008 would not happen again

Unfortunately

The last administration roll back some of these requirements

You know, I noticed that he very very cleverly decided to leave out the fact that the Dodd-Frank

Act author in 2017 one of them was Barney Frank and the same Barney Frank wrote an op-ed to CMBC

That he had issues with the reform bill, but he supported raising the 50 billion dollar asset level at which

A bank becomes subject to the extra supervision of financial stability oversight council and low-em behold

What do we learn that Barney Frank sits on the board of this bank?

I'm sure it's just a miracle incidents that maybe he himself would benefit from such a thing

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