Vivek Ramaswamy

@VivekGRamaswamy ↗

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Last Checked March 14, 2023

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Fri Mar 10 23:30:04 +0000 2023

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Vivek Ramaswamy @VivekGRamaswamy

Should be low hanging fruit for U.S. Senators & Congressmen to get to the bottom of it. @Sen_JoeManchin @tedcruz @SpeakerMcCarthy @SenJohnBarrasso @SenatorBraun @PatrickMcHenry @RepFrenchHill @SenDanSullivan @billhuizenga — PolitiTweet.org

Posted March 10, 2023

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Vivek Ramaswamy @VivekGRamaswamy

Since one else has yet, I’ll ask the obvious: were “ESG factors” part of Silicon Valley Bank’s credit score calculations? I have a funny feeling the answer is yes. I suggest Senate & House Republicans take a serious look. Let’s get on it @SenTomCotton @BasedMikeLee @RepJimBanks — PolitiTweet.org

Posted March 10, 2023

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Vivek Ramaswamy @VivekGRamaswamy

@Hutsdagiraffe @BasedMikeLee Answer: banks fail because of poor credit scoring practices. ESG factors are now part of most banks’ credit scoring processes. When you make loans partly on the basis of non-financial factors, it’s a recipe for disaster. — PolitiTweet.org

Posted March 10, 2023