During a Zoom call this past week with federal government finance officials, Senator Mark Kelly (D-AZ) called for censorship of unfavorable remarks on social media. He was referring to posts raising alarm about the financial stableness of banks after the recent failures of Silicon Valley Bank and Signature Bank, which resulted in long lines of customers attempting to take their money out and the Biden administration stepping in to guarantee deposits of over $250,000, amounts the law doesn’t insure.
Legal scholar Jonathan Turley, a professor at George Washington University, expressed his concern in an op-ed for The New York Post titled “Censorship addicts: Democrats seek to squelch speech on banks.” He said, “Rather than convince citizens that their deposits are safe, it is easier to just silence anyone who disagrees with you. So now ‘the expense’ of free speech is too high if it might undermine faith in our banks’ stability.”
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