Regional Banks are nosediving. This will play well into the Biden regime’s goal of having small numbers of big banks they can control. That will also work well with their goal of having CBDCs replace cash.

Another bank – PACWEST Bankcorp – is collapsing, and no one seems to care. Janet Yellen is clueless, and Jerome Powell is in over his head.

The Kobeissi letter wrote:

And the regional banks are collapsing.