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Troubled US Bank’s Ties to China Raise More Red Flags


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The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are American taxpayers footing the bill to make Beijing whole?

In the premiere of the new Over the Target half-hour format, Lee Smith speaks with tech entrepreneur Brian Costello about the troubled Silicon Valley Bank and its risky CCP business.

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