The Federal Reserve that has become so independent that it thumbs its nose at working for and with the American people. Look what happened in the way banks were supervised in the last four years. Choke point 2.0 brought about a government caused failure of two banks. Those banks were not insolvent. The Federal Reserve and the FDIC pushed them into insolvency because they didn't like their customers. That was it. (19:51–19:59)
CLAIM
Asserts that a government initiative called "Choke point 2.0" led to the failure of two banks.
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