That bank and our federal regulators were a lot more interested in advancing left wing political goals, such as donating to Black Lives Matter, seeking investment equity, and fighting for “climate justice” — whatever that is — than it was hiring a risk assessment officer. Silicon Valley Bank had a Diversity Equity and Inclusion executive, but not a risk assessment officer for the last three quarters before it collapsed. So how much did woke politics have to do with it? Listen to this brief clip and find out.
I was invited on the program because of this piece on Heartland.org, which was a rough transcript of something I said on Heartland’s weekly In the Tank Podcast.