David Sacks

@DavidSacks ↗

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Last Checked March 22, 2023

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Fri Mar 10 20:38:55 +0000 2023

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David Sacks @DavidSacks

@samizzy72 Preventing bank runs is a key federal responsibility. — PolitiTweet.org

Posted March 10, 2023

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David Sacks @DavidSacks

Where is Powell? Where is Yellen? Stop this crisis NOW. Announce that all depositors will be safe. Place SVB with a Top 4 bank. Do this before Monday open or there will be contagion and the crisis will spread. — PolitiTweet.org

Posted March 10, 2023

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David Sacks @DavidSacks

Anybody who thinks that preventing bank runs and panics isn’t a federal responsibility missed a couple hundred years of financial history. It’s called systemic risk, and only federal banking authorities can stop it. — PolitiTweet.org

Posted March 10, 2023