Ron DeSantis blames Silicon Valley Bank's collapse on DEI

Ron DeSantis blames Silicon Valley Bank's collapse on DEI

Gov. Ron DeSantis is blaming woke economics for the collapse of Silicon Valley Bank.

DeSantis, appearing on the Fox News Channel’s Sunday Morning Futures with Maria Bartiromo, expressed confidence that the issues the California financial institution is experiencing won’t reach Florida banks, while also offering a series of other insights about what may have led the bank to its current peril.

“So, I don’t have any specific information about any Florida Bank similar to Silicon Valley Bank, and hopefully, that remains the case,” DeSantis said, before offering some speculation about philosophical reasons the bank is in turmoil.

“I mean, this bank, they’re so concerned with DEI and politics and a...

Full story at Florida Politics