Home Speaker Kevin McCarthy (R-CA) stated throughout a Home Republican Convention name on Monday evening that President Joe Biden’s “failed” fiscal insurance policies and rising rates of interest led to the collapse of Silicon Valley Financial institution, in response to a report.

The Home Republican Convention held a personal name with McCarthy, Home Monetary Providers Committee chairman Rep. Patrick McHenry (R-NC), and Rep. French Hill (R-AR).

McHenry stated that Silicon Valley Financial institution’s collapse was the results of…

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