") no-repeat center center;background-size:10px 16px;content:' '}@media(min-width:768px){.gBkjJh::before{display:none}}.fqxTeP{min-height:389px;clear:both}@media(min-width:1000px){.fqxTeP{min-height:380px}}@media(min-width:1000px){.iZwHvr .taboola{display:none}}.iZwHvr:has(#taboola-carousel-thumbnails){min-height:426px}.iZwHvr:has(#taboola-mid-article-thumbnails-crime){min-height:405px}@media(min-width:1000px){.iZwHvr:has(#taboola-carousel-thumbnails),.iZwHvr:has(#taboola-mid-article-thumbnails-crime){min-height:0}}.jImJId .tp-container-inner,.jImJId .sc-1suqprf-0{position:relative;box-shadow:0 -22px 16px 22px rgba(255,255,255,0.95)}.jImJId.closed{display:none}.buqclE{width:32px;color:#627aac}@media(min-width:768px){.buqclE.mobile-only{display:none}}.buqclE:hover{color:#9cabcb}.iVjrWB{width:32px;color:#4e4e4e}@media(min-width:768px){.iVjrWB.mobile-only{display:none}}.iVjrWB:hover{color:#919191}.icVQKT{width:32px;color:#25d366}@media(min-width:768px){.icVQKT.mobile-only{display:none}}.icVQKT:hover{color:#66e093}.gfyViz{width:32px;color:#ef4757}@media(min-width:768px){.gfyViz.mobile-only{display:none}}.gfyViz:hover{color:#f58992}.dJrOFo{display:flex;gap:12px}.eZumoJ{position:fixed;top:0;left:0;z-index:2147483644;background:rgba(0,0,0,0.5);cursor:pointer;opacity:0;transition:opacity 300ms ease-in-out}.eZumoJ.overlay-background--open{width:100vw;height:100vh;opacity:1}.dRVLpc{--trans:300ms ease-in-out;position:fixed;top:0;left:0;z-index:2147483645;width:100vw;height:100vh;opacity:0;pointer-events:none;transform:translateY(-24px);transform-origin:top center;transition:transform var(--trans),opacity var(--trans)}.dRVLpc.overlay--open{opacity:1;transform:translateY(0);transition-delay:150ms}.dRVLpc.overlay--open>:first-child{pointer-events:auto}.cWTSTp .sc-17yxc4y-0{display:none}.cWTSTp:hover .sc-17yxc4y-0,.cWTSTp.bookmark-button-saved .sc-17yxc4y-0{display:block}.cWTSTp:hover .sc-17yxc4y-1,.cWTSTp.bookmark-button-saved .sc-17yxc4y-1{display:none}.cWTSTp.bookmark-button-saved .sc-17yxc4y-0{display:block}.cWTSTp.bookmark-button-saved .sc-17yxc4y-1{display:none}.cWTSTp.bookmark-button-saved:hover .sc-17yxc4y-0{display:none}.cWTSTp.bookmark-button-saved:hover .sc-17yxc4y-1{display:block}.eoIBc{--margin-x:12px;--modal-width:calc(100% - (var(--margin-x) * 2));--modal-max-width:351px;--padding:60px 16px 42px;--line-height:1.25;display:flex;position:fixed;top:50%;left:50%;overflow:auto;width:var(--modal-width);max-width:var(--modal-max-width);max-height:100vh;box-sizing:border-box;flex-direction:column;align-items:center;justify-content:center;padding:var(--padding);background-color:#eaf2f2;box-shadow:0 1px 1px rgba(0,0,0,0.5);line-height:var(--line-height);transform:translate(-50%,-50%)}@media(min-width:768px){.eoIBc{--modal-width:600px;--modal-max-width:none;--padding:72px 80px 64px;--line-height:1.2}}@media(min-width:1000px){.eoIBc{--modal-width:635px}}.fNhASP{--close-button-margin:16px;position:absolute;top:var(--close-button-margin);right:var(--close-button-margin)}@media(min-width:768px){.fNhASP{--close-button-margin:24px}}.caBZHW{width:100%;max-width:437px;margin-bottom:20px}@media(min-width:768px){.caBZHW{margin-bottom:18px}}.dgWryu{position:absolute;overflow:hidden;width:.01em;height:.01em;padding:0;border:0;clip:rect(0,0,0,0);white-space:nowrap}.eUOcMf{width:100%;margin:0}.dEYNzg{margin:0 0 30px;font:bold 26px/1.15 'Indy Serif','Indy Serif Fallback',serif}@media(min-width:768px){.dEYNzg{font:bold 28px/1.15 'Indy Serif','Indy Serif Fallback',serif}}.itdeLI{display:block;width:100%;padding:0;margin:0 0 30px;font:normal 16px/1.44 'Indy Sans','Indy Sans Fallback',sans-serif}@media(min-width:768px){.itdeLI{font:normal 20px/1.44 'Indy Sans','Indy Sans Fallback',sans-serif}}.funPAy{display:block;margin-top:30px;color:#222;font:normal 16px/normal 'Indy Sans','Indy Sans Fallback',sans-serif}.bXVQbr{padding:0}.gzKeOP{display:inline-block;width:32px;height:32px;color:#70a5a7}.cJKiex{display:flex;flex-direction:row;justify-content:center;gap:12px}.hzDNyM{display:flex;position:relative;justify-content:center}@media(min-width:768px){.hzDNyM{justify-content:flex-end;padding-top:12px;margin:0}}.hzDNyM.amp-social-share svg{width:60%;height:60%;margin:20%;fill:#fff}.hzDNyM.amp-social-share [type='facebook'] svg,.hzDNyM.amp-social-share [title='bookmark'] svg{width:100%;height:100%;margin:0}.hzDNyM.amp-social-share amp-social-share{margin:0 6px;border-radius:50%;background:0;outline:0}.hzDNyM.amp-social-share amp-social-share:first-of-type{margin-left:0}.hzDNyM.amp-social-share amp-social-share:last-of-type{margin-right:0}@media(min-width:768px){.hzDNyM.amp-social-share .share-mobile-only{display:none}}.hzDNyM.amp-social-share .amp-social-share-bookmark svg{display:block;width:100%;height:100%;margin:0}.hzDNyM.amp-social-share .amp-social-share-bookmark:hover{opacity:.85}.hzDNyM.amp-social-share .amp-social-share-facebook{background:#627aac}.hzDNyM.amp-social-share .amp-social-share-facebook:hover{background:#9cabcb}.hzDNyM.amp-social-share .amp-social-share-twitter{--color:#4e4e4e;--color-alt:#919191;background:var(--color)}.hzDNyM.amp-social-share .amp-social-share-twitter:hover{background:var(--color-alt)}.hzDNyM.amp-social-share .amp-social-share-whatsapp{background:#25d366}.hzDNyM.amp-social-share .amp-social-share-whatsapp:hover{background:#66e093}.hzDNyM.amp-social-share .amp-social-share-whatsapp svg{width:70%;height:auto;margin:15%}.hzDNyM.amp-social-share .amp-social-share-email{background:#ef4757}.hzDNyM.amp-social-share .amp-social-share-email:hover{background:#f58992}.hzDNyM.amp-social-share .amp-social-share-email svg path{stroke:#fff}.kdvWjb{display:flex}.sticky .kdvWjb{flex-direction:column}.bfkmcy{overflow:hidden;height:23px;margin-bottom:8px;border-bottom:0;clear:both}@media(min-width:768px){.bfkmcy{height:25px}}.fczuIa{display:inline-block;flex-shrink:0;margin:0 12px 0 0;font:bold 14px/normal 'Indy Sans','Indy Sans Fallback',sans-serif}.fczuIa::after{content:':'}.IOUwh{display:inline-block;margin-right:12px;margin-bottom:4px;color:#222;font:normal 14px/1.29 'Indy Sans','Indy Sans Fallback',sans-serif;text-decoration:underline}.IOUwh::first-letter {text-transform:capitalize}@media(min-width:1000px){.subscribed .bwpCMN{margin-top:-184px}.article-feature:not(.article-feature-video) .subscribed .bwpCMN{margin-top:-407px}}.bwpCMN>p{margin:16px 0}.article-premium .bwpCMN>p{line-height:27px}.bwpCMN>h2{font-size:21px}.article-climate .bwpCMN>h2{color:#ec1a2e}.article-sgi .bwpCMN>h2{color:#ec1a2e}.bwpCMN>p:first-child{margin-top:0}.bwpCMN span:first-child~p:first-of-type{margin-top:0}.hQjaQn{display:flex;position:relative;max-width:100%;min-height:600px;justify-content:center;margin:0 auto;background-color:transparent;clear:both}@media(min-width:1000px){.hQjaQn{min-height:450px}}.teads .hQjaQn{display:block}.hQjaQn [data-mpu]{position:sticky;top:16px}@media(min-width:1000px){.jZcooN{display:none}}.jZcooN[data-mpu1]{min-height:600px}.jZcooN.pb-20{padding-bottom:20px}.hlPMMm{margin:0 0 24px;font:normal 16px/20px 'Indy Sans','Indy Sans Fallback',sans-serif}.euTVax{font:bold 16px/20px 'Indy Sans','Indy Sans Fallback',sans-serif}.jBfdop{overflow:hidden;width:100%;box-sizing:border-box;margin-bottom:16px}@media(min-width:768px){.jBfdop{max-width:634px}}@media(min-width:1250px){.jBfdop{max-width:622px}}.hKRbzg{width:100%;box-sizing:border-box;padding:8px 12px 12px;border-top:8px solid #ec1a2e;background-color:#fde8ea}@media(min-width:768px){.hKRbzg{padding-top:4px;padding-bottom:12px}}.cKIkhp{font:bold 22px/26px 'Indy Serif','Indy Serif Fallback',serif;margin:0 0 12px;text-align:center}@media(min-width:768px){.cKIkhp{font:bold 30px/34px 'Indy Serif','Indy Serif Fallback',serif;letter-spacing:-0.048px;margin-bottom:12px;text-align:left}}.feSJtK{display:block;margin-bottom:12px}@media(min-width:768px){.feSJtK{display:none}}.bErStG{display:flex;width:100%;box-sizing:border-box;align-items:center;justify-content:center;gap:4px;background-color:#fde8ea;color:#ec1a2e}@media(min-width:768px){.bErStG{width:auto;justify-content:flex-start}}.vaVnf{display:block;font:bold 14px/20px 'Indy Sans','Indy Sans Fallback',sans-serif;text-decoration-line:underline;margin-block:0;text-align:center}.jWuFRk{display:inline-flex;align-items:center;justify-content:center;gap:4px}.jWuFRk:hover .sc-hez36s-5,.jWuFRk:hover .sc-a5wy94-0{color:#ac2a2c}.hKrnEq{font:normal 16px/20px 'Indy Sans','Indy Sans Fallback',sans-serif}.dWUzhG{display:flex;width:100%;flex-direction:column}@media(min-width:768px){.dWUzhG{display:flow-root;gap:24px;transition:margin-bottom .3s ease-in-out}}.bDgIJb{display:flex;width:100%;flex-direction:column;align-items:center;justify-content:center}@media(min-width:768px){.bDgIJb{position:relative;z-index:1;width:212px;flex-shrink:0;justify-content:flex-start;margin-left:24px;float:right}}.EYumw{display:none;flex-direction:row;align-items:center;justify-content:center;gap:8px;margin-top:8px}@media(min-width:768px){.EYumw{display:flex;margin-top:12px}}.kCOwPr{display:flex;width:100%;align-items:center;justify-content:center;gap:8px;margin-top:8px;margin-bottom:12px}@media(min-width:768px){.kCOwPr{display:none}}.iGXncB{display:flex;overflow:hidden;height:0;flex-direction:column;gap:8px;opacity:0;transition:all .3s ease-in-out}@media(min-width:768px){.iGXncB{display:flex;position:relative;width:auto;height:40px;order:-1;opacity:1;transition-behavior:allow-discrete}.iGXncB::after{--fade-from:rgba(253,232,234,0);--fade-to:#fde8ea;position:absolute;bottom:0;left:0;z-index:1;width:100%;height:40px;background-image:linear-gradient(to bottom,var(--fade-from),var(--fade-to));content:'';opacity:1;transition:opacity 150ms ease-out}}@media(min-width:768px){.doTReP{order:-1}}.ggPDxB{display:none;padding-top:8px;margin-top:16px;border-top:1px solid #919191}@media(max-width:767px){.ggPDxB{display:flex}}.gibhIT{display:none}@media(min-width:768px){.gibhIT{display:flex;position:relative;align-items:flex-start;margin-top:12px}}.dxwzhm{display:flex;min-height:600px;justify-content:center}@media(min-width:1000px){.dxwzhm{min-height:450px}}.gHNATZ{min-height:600px}@media(min-width:1000px){.gHNATZ{min-height:450px}}.gHNATZ.mobile-only{display:block}@media(min-width:1000px){.gHNATZ.mobile-only{display:none}}.gHNATZ.desktop-only{display:none}@media(min-width:1000px){.gHNATZ.desktop-only{display:block;margin-bottom:16px}}.gHNATZ.desktop-only+p{margin-top:0}.gHNATZ .third-party-ad{position:sticky;top:16px}.bJycyU{width:100%;flex-grow:1}.bJycyU .amp-article-content[amp-access][amp-access-hide]{display:block;overflow:hidden;max-height:360px}.bJycyU .amp-article-content[amp-access][amp-access-hide] .social-share{display:none}.bJycyU .amp-article-content[amp-access][amp-access-hide].show-all-content{max-height:100%}@media(max-width:594px){.bJycyU .amp-article-content[amp-access][amp-access-hide]{max-height:530px}}.bJycyU .amp-newsletter-reg-gate{position:relative;left:-12px;width:calc(100% + 24px)}.bJycyU .social-share{width:100%;padding-top:10px;padding-bottom:20px}@media(min-width:768px){.bJycyU .social-share{justify-content:flex-start}}.bJycyU .social-share.sticky{display:none}@media(min-width:1000px){.bJycyU .social-share.sticky{display:flex;position:sticky;top:14px;width:34px;flex-direction:column;padding-top:0;margin-top:0;margin-left:-25%}.bJycyU .social-share.sticky amp-social-share,.bJycyU .social-share.sticky .sc-mgcah7-0{margin:0 0 16px}.article-feature-video .bJycyU .social-share.sticky{margin-top:0}.article-feature:not(.article-feature-video) .bJycyU .social-share.sticky{margin-top:35%}}.bJycyU.sponsored-article img,.bJycyU.sponsored-article video{width:100%;max-width:602px;height:auto}.bJycyU.sponsored-article iframe{max-width:602px;max-height:400px}.bJycyU .under-article-prompt-donations{padding-bottom:8px;margin-top:-3px}.bJycyU .big-letter{--color:#222;display:flex;position:relative;width:0;height:0;align-items:center;justify-content:center;padding:40px;margin-top:22px;margin-right:12px;border:1px solid var(--color);float:left;font:normal 52px/1 'Indy Serif','Indy Serif Fallback',serif;text-transform:uppercase}.bJycyU .big-letter:first-child{margin-top:6px}.bJycyU .big-letter::before{position:absolute;top:0;left:0;width:100%;height:100%;box-sizing:border-box;border:1px solid var(--color);border-radius:50%;content:''}.bJycyU #taboola-below-article-1{min-height:2350px}@media(min-width:768px){.bJycyU #taboola-below-article-1{min-height:3370px}}.bJycyU #taboola-below-article-1-split-num-1{min-height:130px}@media(min-width:768px){.bJycyU #taboola-below-article-1-split-num-1{min-height:415px}}.bJycyU .sc-fwko30-0+.sc-1xtsh2b-0{margin-top:-16px}@media(min-width:768px){.bJycyU{max-width:636px;margin:0}}@media(min-width:1000px){.bJycyU{max-width:624px;margin:0}.bJycyU.subscribed{max-width:636px}}@media(max-width:999px){.bJycyU{padding-right:0}.bJycyU .under-article-prompt-donations{margin-top:-18px}}.bJycyU .anchor-nav-header{scroll-margin-top:79px}.bJycyU .anchor-nav-header a{color:#222}.bJycyU .anchor-nav-header a:hover{color:#222}.kvSKnI{display:flex;flex-wrap:wrap;justify-content:flex-start;margin-bottom:8px;color:#646464;font:normal 16px/20px 'Indy Sans','Indy Sans Fallback',sans-serif}@media(min-width:768px){.kvSKnI{width:70%;align-items:center;justify-content:flex-start;margin-bottom:0;font:normal 16px/24px 'Indy Sans','Indy Sans Fallback',sans-serif}}@media(min-width:1000px){.kvSKnI{width:70%;margin-bottom:0}}.eXEVFg{display:flex;height:20px;margin:0 12px 8px 0}.article-voices .eXEVFg{height:auto}@media(min-width:425px){.article-voices .eXEVFg{height:20px}}.eXEVFg::before{display:inline-block;align-self:center;margin-top:1px;margin-right:12px;content:'\2022';transform:scale(1.5)}.eXEVFg:first-child::before{content:none}@media(min-width:768px){.eXEVFg{height:24px;margin-bottom:0}.eXEVFg::before{margin-top:2px}}.eXEVFg time{display:block}.eXEVFg time::first-letter {text-transform:capitalize}.eUdsoy{color:#fff}.jGlqRq{display:inline-block;margin:0 12px 8px 0;color:#ef4757;font:bold 16px/20px 'Indy Sans','Indy Sans Fallback',sans-serif;letter-spacing:-0.5px}.jGlqRq:hover,.jGlqRq:active{color:#f58992}@media(min-width:768px){.jGlqRq{margin-bottom:0}}.enHDwq{margin:0 4px 8px 0}.enHDwq::before{display:inline-block;margin-top:2px;margin-right:12px;color:#646464;content:'\2022';transform:scale(1.5)}.enHDwq:first-child::before{display:none}@media(min-width:768px){.enHDwq{margin-bottom:0}}.jmYqVV::before{color:#fff}.hfnwMY{display:flex;justify-content:flex-start;padding:0;margin:0 0 16px}@media(min-width:768px){.hfnwMY{display:flex;width:30%;align-items:center;justify-content:flex-end;margin:0}}@media(min-width:1000px){.hfnwMY{width:30%}}.hrDjjf{padding-top:0;border-top:0;border-bottom:0}@media(min-width:768px){.hrDjjf{display:flex;flex-flow:row wrap;padding-bottom:16px}.hrDjjf .sc-1qz44j0-0{order:1}.hrDjjf .sc-1qz44j0-10{order:2}}@media(min-width:1000px){.hrDjjf{flex-direction:row}}.dnLbAr{padding:16px 12px 12px;text-align:left;font:bold 14px/18px 'Indy Sans','Indy Sans Fallback',sans-serif}@media(min-width:768px){.dnLbAr{padding:16px 16px 12px}}.article-infact .dnLbAr{padding:16px 0}@media(min-width:1000px){.dnLbAr{padding:24px 0 19px}.article-feature .dnLbAr{max-width:968px;margin:0 auto}}.dnLbAr a{color:#fff}.dnLbAr a:hover{color:#f58992}.dnLbAr a:hover::after{color:#fff}.dnLbAr a::after{margin-right:4px;margin-left:4px;content:'>'}.dnLbAr a:last-child::after{display:none}.azcVx{margin:0 0 20px;letter-spacing:0}.VFZbw{margin:0;color:#646464;font:normal 16px/20px 'Indy Sans','Indy Sans Fallback',sans-serif}@media(min-width:768px){.VFZbw{font:normal 18px/22px 'Indy Sans','Indy Sans Fallback',sans-serif}}@media(min-width:1000px){.VFZbw{font:normal 20px/24px 'Indy Sans','Indy Sans Fallback',sans-serif}}.VFZbw p{font:inherit}.article-feature .VFZbw a{font-weight:bold}.hsJCLD{max-width:968px;margin:0 auto;background:#222}@media(min-width:1000px){.hsJCLD{padding:0 16px}.parallax .hsJCLD{max-width:1240px}}.bJjAgi{font:bold 32px/36px 'Indy Serif','Indy Serif Fallback',serif;letter-spacing:-0.0156em}@media(min-width:768px){.bJjAgi{font:bold 44px/48px 'Indy Serif','Indy Serif Fallback',serif;letter-spacing:-0.0113em}}@media(min-width:1000px){.bJjAgi{font:bold 54px/58px 'Indy Serif','Indy Serif Fallback',serif;letter-spacing:-0.0092em}}.hZFQIi{background:#222}.hZFQIi .sc-qvufca-1{max-width:968px;background:#222}.hZFQIi .sc-qvufca-0{margin:0}@media(max-width:999px){.hZFQIi .sc-qvufca-0{margin:0 12px 0}}.hZFQIi .sc-22qwnu-0,.hZFQIi .sc-22qwnu-0 a{color:#fff}.hZFQIi .sc-qvufca-2,.hZFQIi .sc-aeekvc-0{color:#fff}.hZFQIi .sc-qvufca-2{margin:0 0 20px}.hZFQIi .sc-aeekvc-0{margin-bottom:16px}@keyframes slidedown-video{from{transform:translateY(-100%)}to{transform:translateY(0)}}@keyframes slideup-video{from{transform:translateY(200%)}to{transform:translateY(0)}}.ghXxSp .video-top-container-inner{position:relative}.ghXxSp .video-popout-close{display:none}.ghXxSp .video-hero-wrapper-inner{display:block}.ghXxSp .video-hero-video{width:100%;margin:0;transition:height .2s}.ghXxSp .video-hero-wrapper.sticky-video{position:fixed;top:95px;width:400px;margin-left:-332px;transition:margin-left .3s,top .3s .1s}.ghXxSp .video-top-container.video.sticky:not(.closed) .video-hero-video{position:static;right:0;left:auto;width:100%}.ghXxSp .video-top-container.video.sticky:not(.closed) .video-hero-video.liveblog{margin-left:-12px}@media(min-width:768px){.ghXxSp .video-top-container.video.sticky:not(.closed) .video-hero-video{position:absolute;width:400px}}@media(min-width:1000px){.ghXxSp .video-top-container.video.sticky:not(.closed) .video-hero-video{top:94px;right:-56px}.ghXxSp .video-top-container.video.sticky:not(.closed) .video-hero-video.liveblog{right:-400px}}.ghXxSp .video-top-container.video.sticky:not(.closed) .video-hero-video .video-sticky-video{position:fixed;top:0;left:auto;z-index:9;width:100%;background-color:#fff;box-shadow:0 0 40px 10px rgba(0,0,0,0.5)}@media(min-width:768px){.ghXxSp .video-top-container.video.sticky:not(.closed) .video-hero-video .video-sticky-video{width:400px;animation:slidedown-video .4s}}@media(min-width:1000px){.ghXxSp .video-top-container.video.sticky:not(.closed) .video-hero-video .video-sticky-video{top:auto;bottom:0;animation:slideup-video .4s}}.ghXxSp .video-top-container.video.sticky:not(.closed) .video-popout-close{display:none;width:100%;box-sizing:border-box;align-items:center;justify-content:flex-end;padding:4px 8px 3px;color:#222;cursor:pointer;font-family:'Indy Sans','Indy Sans Fallback',sans-serif;font-size:14px;line-height:14px}@media(min-width:1000px){.ghXxSp .video-top-container.video.sticky:not(.closed) .video-popout-close{justify-content:flex-start}}.ghXxSp .video-top-container.video.sticky:not(.closed) .video-popout-close::after{display:flex;align-items:center;padding-left:4px;content:'\2715';font-size:12px}.ghXxSp .video-top-container.video.sticky:not(.closed) .video-popout-close.shown{display:flex}.rdSkV{max-width:100%}.DduFK{position:relative}.hBOwuD{position:relative;width:100%;padding-top:56.25%;background:#000}.fSyNsa{display:flex;position:absolute;top:0;left:0;width:100%;height:100%;align-items:center;justify-content:center}.cZXjIc{width:10%}.bFEGho.fullscreen{position:fixed;top:0;left:0;z-index:3000000000;width:100%;height:100%;background:#000}.bFEGho .closebtn{display:none;position:absolute;top:0;right:0;width:100px;height:100px}.bFEGho .closebtn.show{display:block}.bFEGho .btn{position:absolute;top:5px;right:5px;width:25px;height:25px;color:#fff;font-family:helvetica,sans-serif;font-size:20px;line-height:25px;text-align:center}.JCJLP{max-width:100%;clear:both}.dyGKzS{--bleed:12px;display:flex;box-sizing:border-box;flex-direction:row;gap:32px;padding:16px var(--bleed);background-color:#fff}.article-liveblog .dyGKzS{background-color:#f7f7f7}@media(min-width:768px){.dyGKzS{--bleed:0;max-width:1000px;margin:0 auto}}@media(min-width:1000px){.dyGKzS{--bleed:16px;max-width:1000px;padding:var(--bleed)}}.gIldS{overflow:hidden;height:0;color:transparent}.kFPmfF{max-width:100%;margin:0 0 20px}.kFPmfF.sticky{position:sticky;top:16px}.iaRZct{min-height:600px}.iaRZct #mpu1{position:sticky;top:16px}.bFiDnI{min-height:250px}.jAzEot{max-width:100%}.eDScvc{margin:0 0 6px;color:#646464;font-family:'Indy Sans','Indy Sans Fallback',sans-serif;font-size:15px}.CmSgF{margin:0 0 12px}.lbFVDq{height:380px}.bsSHYO{width:100%;height:51px}.bjKtIv{margin-bottom:16px;border-bottom:1px solid #919191}.jLzsCV{margin-bottom:16px}.jLzsCV [role='listitem']{position:relative;margin-bottom:12px;border-bottom:1px solid #d3d3d3}.jLzsCV [role='listitem'] .sc-u4n1j-0{display:flex;position:absolute;bottom:16px;left:10px;width:32px;height:32px;align-items:center;justify-content:center;border-radius:50%;background-color:#ec1a2e}.jLzsCV [role='listitem'] .sc-u4n1j-0>svg{width:90%;fill:#fff;stroke:transparent}.jLzsCV [role='listitem']:first-child{display:block;padding-bottom:0;margin-bottom:12px}.jLzsCV [role='listitem']:first-child .sc-u4n1j-0{top:-15px;bottom:auto;left:12px;width:35px;height:35px}.jLzsCV [role='listitem']:first-child>*:first-child{display:block;width:100%;height:205px}.jLzsCV [role='listitem']:first-child>*:last-child{position:absolute;bottom:0;width:100%;padding:28px 12px 12px;background:linear-gradient(to top,#222 50%,rgba(34,34,34,0.9) 100%) no-repeat;color:#fff;font-size:17px;font-weight:bold}.jLzsCV [role='listitem']:last-child{margin-bottom:0;border-bottom:0 none}.kNZMQb{min-height:1924px}@media(max-width:767px){.kNZMQb{display:none}}.iFeFcz{width:308px}.iFeFcz.hidden{display:none}@media(max-width:999px){.iFeFcz{display:none}}.article-liveblog .fbWdwj{background-color:#f7f7f7}.eFgmkR{justify-content:center}.cvujVr{justify-content:center}
Stay up to date with notifications from The Independent Notifications can be managed in browser preferences.
Not now Yes please
News World Americas US politics Pence blames Biden for Silicon Valley Bank collapse after fierce blowback against Trump administration Mr Pence blames the bank’s ‘woke’ goals and the Biden administration’s spending for the SVB collapse
Subscribe to Independent Premium to bookmark this article Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Subscribe Already subscribed? Log in Related video: Biden says Silicon Valley Bank managers will be fired
Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference. Close Read more Former Vice President Mike Pence has joined the choir of conservative voices trying to pin the Silicon Valley Bank collapse on Democrats while Democrats try to do the same to them.
In an editorial for The Daily Mail , Mr Pence takes aim at Joe Biden and the Democrats, claiming that “just like 2008,” the party has “increased spending by over $10 trillion” that “fueled record inflation, inevitably requiring the FED to raise interest rates.”
He laid some of the blame on the bank, which collapsed on Friday, and laced his criticisms with conservative media buzzwords.
“But SVB is not solely responsible for misallocating its resources on left-wing priorities; the Biden administration actively encouraged them to do so,” he wrote.
Mr Pence accused the bank of committing to “woke” projects like combatting the climate crisis, and sneered at its stated commitment to “live its values,” by pursuing “left-wing environmental, social and governance goals.”
Environmental, social, and governance goals for businesses are called ESG. That acronym has become the latest for conservatives to rail against.
The word Mr Pence leaves out of his criticisms is “regulations.” Democrats have been slamming both the Republican Party and Donald Trump , claiming the repeal of Dodd-Frank banking regulations in 2018 laid the groundwork for SVB’s collapse.
While the majority of senators who helped push the bill through were Republicans — 50 voted in favour of easing banking regulations — 17 Democrats also signed off on the deregulatory legislation.
Mr Pence does mention “regulators” in his piece, but only as a way to criticise Mr Biden’s desire to “push an environmental agenda” through banking policies.
The former vice president went on to say he opposed any kind of bailout, and did so in 2008 during the financial crisis.
"Instead of encouraging dangerous behavior in the private sector, government should allow bad actors to bear the brunt of their bad decisions. We have bankruptcy laws for a reason," he wrote. "Bankruptcy is an orderly process that allows a failed business to restructure or be bought out by a solvent competitor – ensuring that the strong survive and the weak fall to the wayside, which is critical for maintaining a functioning free market."
Mr Pence said a bailout will lead to "what we have today: banks make foolish decisions enabled by imprudent government policies and the American people pay the price."
The former vice president noted that Mr Biden has assured Americans that the bailout will not be paid for by taxpayers, but called his promise "disingenuous," adding that "every American with a bank account will pay higher fees to replenish the billions spent by the FDIC to backstop failing banks."
He also claimed Americans will be paying to back deposits made by "many Chinese companies" that used SVB. Mr Pence said a good first reform would be to refuse to insure the deposits of companies that "do business in China or Russia."
Thank you for registering Please refresh the page or navigate to another page on the site to be automatically logged in Please refresh your browser to be logged in
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments