‘Woke’ Bank Getting Biden ‘Bailout’ Was a Massive Contributor to Black Lives Matter
Silicon Valley Bank, the Woke bank that went belly up, only to be seized and shuttered by the Feds, was a major donor to the discredited activist group “Black Lives Matter.”A new report suggests one potential reason for the Biden administration’s pivot from its early adamant position that no “bailouts” were forthcoming: Silicon Valley Bank is a bigtime contributor to leftwing activism.
According to the Claremont Institute, records show that Silicon Valley Bank had pledged approximately $74 million to “Black Lives Matter” and associated groups.
Will Hild, the executive director of Consumers’ Research, told The Federalist that SVB’s failure “is yet another indication that SVB was focused on woke virtue signaling instead of protecting their customers’ deposits.”
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