Banks Rebound As Treasury Gives House GOP Access To Biden Family

The banks rebounded in premarket trading this morning with shares rising up to 50 percent after dramatic slides yesterday that sparked contagion fears over the collapse of Silicon Valley Bank. The federal government said it won’t bail out the failed Silicon Valley Bank, Treasury Secretary Janet Yellen said Sunday — after it emerged that the bank’s workers landed bonuses just hours before Friday’s collapse. And now things are spicing up even more after The Treasury Department has agreed to let House Oversight Committee members review suspicious activity reports pertaining to President Biden’s family, The records submitted by banks to the US government may contain new bombshells on the first family’s murky foreign income and the millions reaped by first son Hunter Biden and first brother James Biden in countries where their powerful relative held sway.

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