During Jesse Watters Primetime, the namesake host declared SVB, which had been popular with startups and venture capitalists, a “woke Biden bank.”“They were holding seminars on lesbian visibility day and national pride month,” Watters complained. “[Jean-Pierre] doesn’t say a word about the fundamentals of the market or the security of your money in banks. SVB “prioritized wokeness over almost anything else, including keeping the company solvent,” Hannity said, before calling attention to the company’s January report on its DEI initiative. Hannity brought attention to a FoxNews.com article from earlier in the day about potential reparations payments to Black Californians despite the state’s budget deficit. The comments from Watters, Carlson and Hannity came after Wall Street Journal opinion writer Andy Kessler asked if SVB “may have been distracted by diversity demands.”

Source: Fox News March 14, 2023 16:20 UTC