‘Uncle Sugar’: ‘Generous’ Spending During COVID Pandemic Led To Bank Failures, Bill Maher Says

HBO host Bill Maher said Friday that the inflation stemming from massive spending packages passed in response to the COVID-19 pandemic caused bank failures, including that of Silicon Valley Bank. “Interest rates spiked, right, because of inflation,” Maher said to former Democratic presidential candidate and Forward Party founder Andrew Yang and Democratic Rep. Elissa Slotkin. […]