SVB Failure Due to 'Bidenflation,' Bailouts Possibly Considered in Future, Says US Congressman

WASHINGTON (Sputnik) - President Joe Biden's economic policies are to blame for the closing of Silicon Valley Bank (SVB) and congressionally-approved bailouts may be considered in the future if other failing US banks need to be rescued amid the fallout, Republican Congressman Paul Gosar told Sputnik on Thursday.