The sudden collapse of Silicon Valley Bank last Friday has sparked a heated debate over the role of the federal government in rescuing the ailing banking institution, with GOP contenders making the issue an article of their 2024 presidential campaign. Among the most vocal of the group, former South Carolina Governor Nikki Haley declared that "taxpayers should absolutely not bail out Silicon Valley Bank," instead advocating for an acquisition of the bank by private investors. Treasury Secretary Janet Yellen echoed the sentiment, revealing that the administration has no plans for a bailout and instead are focused on aiding the depositors affected by the bank's failure. Similarly, Rep. Nancy Mace (R-S.C.) raised concerns that there will be no consequences to the mistakes made by the bank and because of this, she is not in support of a bailout for the moment.

Sen. Mark Warner has dismissed any possibility of a bailout and has instead suggested that the best