profile picture of Larry Bucshon

Larry Bucshon

Republican Congressperson from Indiana, 8

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profile picture of Larry Bucshon

Larry Bucshon

@RepLarryBucshon

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Baseline; SVB heavy in Gov securities: Dems pass ARP=inflation=Dems pass IRA=worse inflation=Fed raises rates=Gov securities value drops=tech, crypto need cash due to high interest rates=SVB sells securities at a loss to cover deposit outflows=Wall Street finds out=Run on SVB. 🤷‍♂️
profile picture of Larry Bucshon

Larry Bucshon

@RepLarryBucshon

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A recently announced partnership in Sullivan County will invest $50 million to build a state-of-the-art cryptocurrency mining facility, bringing a new industry and information technology jobs to Southern Indiana. @WTHITV covers the story here: wthitv.com/news/a-new-min…