GOP presidential contenders cast blame for Silicon Valley Bank collapse

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GOP presidential contenders cast blame for Silicon Valley Bank collapse
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GOP presidential contenders cast blame for SVB collapse

the costs to insure deposits. A special fee will be assessed to federally insured banks to replenish the Deposit Insurance Fund, they said.Monday called for a "full accounting" of the situation and for steps to be taken to reduce the risk of future bank failures. He also noted that "investors in the banks will not be protected," adding, "That's how capitalism works.

Former South Carolina Gov. Nikki Haley on Saturday night declared, "taxpayers should absolutely not bail our Silicon Valley Bank."

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