DeSantis Blames Collapse Of CA Bank On Wokeness

Florida Politics reports:

Gov. Ron DeSantis is blaming woke economics for the collapse of Silicon Valley Bank. DeSantis, appearing on the Fox News Channel’s Sunday Morning Futures with Maria Bartiromo, expressed confidence that the issues the bank is experiencing won’t reach Florida banks.

“So, I don’t have any specific information about any Florida bank similar to Silicon Valley Bank, and hopefully, that remains the case,” DeSantis said, before offering some speculation about philosophical reasons the bank is in turmoil.

“I mean, this bank, they’re so concerned with DEI and politics and all kinds of stuff. I think that really diverted from them focusing on their core mission,” DeSantis contended.

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