Biden has presided over three of four worst bank failures in US history
Fox News
The Biden administration has been forced to respond amid a significant banking crisis in which three of the four largest bank failures in U.S. history have occurred.
"The Federal Reserve, the Treasury, this entire administration, frankly, has been very inconsistent with their operations in financial markets," E.J. Antoni, an economist and research fellow at The Heritage Foundation, told Fox News Digital in an interview. "So they will do one thing in one instance and then something completely different in the next." Thomas Catenacci is a politics writer for Fox News Digital.
"However, if this last episode is any indication, as the federal government gets increasingly desperate in this banking crisis, as the crisis continues to escalate, what we're seeing is an increasing willingness to basically use taxpayer money to bail out these institutions," Antoni added.