On the recordJune 5, 2012
Like virtually 100 percent of the cases, it was because they had bad loans.
Source
congress.govLike virtually 100 percent of the cases, it was because they had bad loans.
Toomey highlights that bank failures are primarily due to bad loans.
Share
More from Pat Toomey
Paychecks are not keeping up with rising prices. After adjusting for inflation, wages have declined 5 percent since President Biden took office.
I think Congress really has to take the time to properly evaluate the outbound CFIUS concept rather than rushing to enact legislation that is not properly vetted.