Mr Cooper Group Inc (COOP)

[Civil War General]

So what happened in 2008?
Didn’t the Republicans control winners and losers then?
You bet your sweet ass they did.
Why do you think we are here?

Furthermore:
“During the Obama-Biden administration, we put in place tough requirements on banks like Silicon Valley Bank and Signature Bank, including the Dodd-Frank Law, to make sure the crisis we saw in 2008 would not happen again,” Biden said. “Unfortunately, the last administration rolled back some of these requirements. I’m going to ask Congress and the banking regulators to strengthen the rules for banks to make it less likely that this kind of bank failure will happen again and to protect American jobs and small businesses.”

Others were more direct in blaming the Trump-era deregulation for the bank failures.

“Let’s be clear. The failure of Silicon Valley Bank is a direct result of an absurd 2018 bank deregulation bill signed by Donald Trump…”