Fox Business host Larry Kudlow reacts to Treasury Sec. Janet Yellen's speech at the American Bankers' Association on 'Kudlow.'
Alright folks, let me begin with one word: socialism. That's what Treasury Secretary Janet Yellen was talking about today when she spoke before the American Bankers' Association. Bailouts for everyone.
Of course, contrary to President Biden and Ms. Yellen, it is the taxpayers who will pay for these bailouts. Bankers have to pony up their fees to the FDIC and somebody's going to pay for that. Guess who? You! The taxpayer, the customer, the blue-collar worker, the family having trouble making ends meet on groceries and utility bills and their credit card payments and their mortgages.
"Carless supervision sank SVB" wrote economist Larry Lindsey for the Wall Street Journal. "How did California, the FDIC and the Fed all fail to pick up what now seem like obvious red flags?"
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fox News Producer Claims Fox Lawyers “Intimidated” Her Before Dominion DepositionIn a pair of new lawsuits alleging discrimination and harassment, Abby Grossberg, who worked with top Fox stars, alleges that the network’s attorneys “coached” her into giving misleading testimony.
Read more »
Fox News seeks gag on producer who testified in Dominion lawsuitOn the eve of a key hearing in a defamation lawsuit against Fox News, the network has taken the unusual step of requesting a restraining order against producer Abby Grossberg, who plans to sue for discrimination and was deposed in the $1.6 billion case.
Read more »
Karine Jean-Pierre under fire after briefing goes off the rails in front of 'Ted Lasso' cast'Fox Across America' host Jimmy Failla and Fox News contributor Joe Concha roasted the Biden administration's lack of transparency on Fox News on Tuesday.
Read more »
Julia Fox blasts rumors she’s using weight-loss drug Ozempic“I’m not and I’ve never have… I would never do that. There are diabetics that need it,” the “Forbidden Fruits” podcast co-host said in a new interview.
Read more »
Julia Fox Defends Viral Apartment Tour, Addresses Weight Loss RumorsThe actress and podcast co-host Niki Takesh opened up to ET about a few of Fox's recent headlines.
Read more »
Julia Fox Addresses Those Pesky Ozempic RumorsAnd Pete Davidson performed at Joe Rogan's 'anti cancel culture' comedy club recently.
Read more »