https://www.benzinga.com/general/entertainment/23/03/31326395/trump-jr-says-biden-did-it-biden-points-to-trump-sr-the-collapse-of-banks-under-the-last-fo
Trump Jr. Says Biden Did It, Biden Points To Trump Sr.: The Collapse Of Banks Under The Last 4 Administrations
The blame game over who’s responsible for the collapse of Silicon Valley Bank, part of SVB Financial Group
kicked off immediately following news that the 19th largest bank in the U. S. had failed.
The situation became worse when on Sunday, Signature Bank
The two collapses mark the second and third largest bank failures in history, next to the collapse of Washington Mutual in 2008.
The Accusation Flinging: Donald Trump Jr. took to Twitter on Sunday to write, “I don’t remember banks collapsing under Trump... but don’t worry guys it’s only a matter of time till Biden/media blames him for that too.” Trump Jr. then went on to blame Biden’s “out of control spending,” which he said caused record inflation and forced the Federal Reserve to raise interest rates.
https://thehill.com/policy/finance/389212-trump-signs-dodd-frank-rollback/
Trump signs Dodd-Frank rollback
Trump had pledged to “dismantle” Dodd-Frank, a law long targeted by Republicans, and touted the bill he signed as the first step in that process. While the bill will release dozens of banks from stronger Federal Reserve oversight, it falls well short of the president’s vow to repeal and replace Dodd-Frank.
https://www.snopes.com/fact-check/15-banks-failed-trumps-presidency/
Is It True That 15 Banks Failed During Trump's Presidency?
Those 15 banks failed between the time Trump was inaugurated and when he left office. All of them were smaller than the banks that failed in March 2023. Attributing bank failures solely to whichever political party is in power omits nuances concerning why the banks failed in the first place, and what lessons can be learned to prevent other banks from failing in the future.
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