- New York Rep. George Santos tweeted that he used to be in opposition to bailing out Silicon Valley Financial institution.
- However folks on Twitter have been fast to present scathing replies, calling him out for his a large number of scandals.
- “Inform them the way you as soon as ran Switzerland’s greatest financial institution, George,” learn one tweet.
New York Rep. George Santos weighed in on Silicon Valley Financial institution’s implosion, however folks on Twitter have been fast to name him out with a sequence of scathing replies.
“I am an absolute NO vote to bail out any financial institution or company,” Santos tweeted on Monday. Santos used to be relating to a statement from federal regulators assuring the general public that depositors of Silicon Valley Financial institution can be made entire.
The Federal Deposit Insurance coverage Company took keep an eye on of Silicon Valley Financial institution on Friday after a disastrous financial institution run. The FDIC insures deposits for as much as $250,000 consistent with depositor, consistent with establishment.
—George Santos (@Santos4Congress) March 12, 2023
At press time, this tweet used to be considered 1.5 million occasions.
On Monday, Santos additionally tweeted that “taxpayer bucks can be used to bail out the similar establishments that don’t have any mercy on us,” and added that the FDIC must no longer make “multimillionaire financial institution depositors” entire.
“I by no means concept I might reside to look Democrats advocating for bailing out millionaire depositors of a financial institution!” Santos tweeted.
Twitter customers then flooded Santos’ tweets on Silicon Valley Financial institution’s cave in with scathing replies.
“Inform them the way you as soon as ran Switzerland’s greatest financial institution, George,” learn a tweet alluding to how Santos has admitted to mendacity in regards to the accolades he is won on his resume.
“Says monetary professional and previous Goldman CEO George Santos,” learn a tweet from Chris Jackson, a former county commissioner in Lawrence County, Tennessee.
“A powerful level made by means of George Santos, the Former Chairman of the Federal Reserve,” wrote Twitter person WallStXYZ.
Santos has admitted to mendacity about going to school, being Jewish, and dealing at Goldman Sachs and Citigroup.
—Jen (@jenminicooper) March 13, 2023
John Fritchey, a former Democratic lawmaker within the Illinois Space of Representatives, additionally commented on Santos’ tweet, writing: “The one bail you must be being worried about is your personal.”
“Will you go back the entire price range that you just and your marketing campaign won below fraudulent and/or misleading phrases?” learn a tweet from Yale professor Howard Forman.
Santos is recently being investigated by means of the Space ethics committee. The committee has introduced a probe into whether or not Santos engaged in illegal job right through his marketing campaign in 2022, whether or not he submitted faulty statements on his monetary disclosure, and if he sexually pressured a potential worker.
Santos’ ex-roommate has additionally accused him of masterminding a bank card fraud scheme. The roommate, Gustavo Ribeiro Trelha, says Santos taught him the way to illegally download bank card data.
For his section, Santos has refused to surrender from his congressional seat. He says he’s going to handiest accomplish that if the individuals who voted for him in New York call for it.
A spokeswoman for Santos didn’t right away reply to Insider’s request for remark despatched out of doors common industry hours.