Nikki Fried mocks ‘insane’ Ron DeSantis claim that ‘DEI’ caused bank failure

Fried Jax Nikki
The Governor discussed Silicon Valley Bank over the weekend.

The new chair of the Florida Democrats dragged Ron DeSantis for claiming diversity, equity, and inclusion caused a bank to fail this weekend.

“That’s insane. That’s absolutely insane,” Fried said in Jacksonville, where she was rallying Duval Democrats ahead of next Tuesday’s municipal elections, when asked about DeSantis’ claim that “DEI” brought Silicon Valley Bank down.

Fried urged DeSantis to get down to the “business of our state and talking about the economy that is here in our state, and the fact that so many people are still suffering,  and he’s out traveling the country on his ego tour. He isn’t focusing on the issues that are impacting our state.”

DeSantis, appearing on the Fox News Channel’s Sunday Morning Futures with Maria Bartiromo, said DEI presented a diversion.

“I mean, this bank, they’re so concerned with DEI and politics and all kinds of stuff. I think that really diverted from them focusing on their core mission,” DeSantis contended.

According to a page on its website, the bank does promote Diversity Equity and Inclusion initiatives: “We are intentionally and strategically working for a world where every client and employee has the opportunity to bring their bold ideas to life. We also know that diverse perspectives and inclusive environments ignite new ideas to power innovation. That is why we’re building a culture of belonging with a global workforce that celebrates greater dimensions of diversity and reflects the markets we strive to serve.”

However, DEI notwithstanding, a more likely reason for the bank run that led to FDIC receivership could be its heavy investment in 10-year bonds with low-interest rates combined with the need for liquidity from its high-dollar account venture capital clients.

Fried also discussed the Governor’s new book, The Courage to Be Free, with Florida Politics. But she was in no position to offer a review.

“Oh, I have not read the book. I’m not wasting my money.”

A.G. Gancarski

A.G. Gancarski has written for since 2014. He is based in Northeast Florida. He can be reached at [email protected] or on Twitter: @AGGancarski


  • Glen Hammer

    March 13, 2023 at 8:41 pm

    Nikki Fried is a partisan hack. She hasn’t read his book, has not seen the damage done by DEI, which closes its eyes to excellence and instead chooses staff and decisions based on color and ethnicity over intelligence, Of course, this failure should have been expected.

    • RPaula

      March 13, 2023 at 10:40 pm

      God hep this country if Ronald DeSantis should become President. It would be like voting for Benito Mussolini to be President

      • Keystone Keys

        March 19, 2023 at 6:46 pm

        God help this country if you, and people like you, actually vote.

    • Jake

      March 14, 2023 at 4:42 am

      Me thinks, Glen is probably a racists. And by probably I mean is.

      • Janis Lentz

        March 20, 2023 at 8:59 am

        Yes, Ron on many occasions attended hate group gatherings like the White Restoration hate group! I believe he was raised in a racist home, as these activities go back to his undergraduate years!

    • Ian

      March 14, 2023 at 11:38 am

      Doesn’t change the fact that wholeness didn’t sink the bank

    • Dewyne Douglass

      March 14, 2023 at 5:52 pm

      Glenn Hammer you don`t know anything about Nikki Fried!!! At least she does know the truth about this sorry so called Gov. of Florida!!! This why I hope Donald Trump and DeSantis both live in the same cell for 10 to 15 year`s and Trump only one remaining in Cell another 5 years!!!

    • Ian

      March 16, 2023 at 7:06 am

      Not a weak one trick pony Russian apologist though.

    • Janis Lentz

      March 20, 2023 at 8:56 am

      That’s laughable! Every Republican in the FL legislature is a hack, going along with this very disturbed, racist governor and passing dozens of horrendous, unconstitutional and what will be SHORT-LIVED Bills once a judge rules them out!

  • Joseph M kJiampetti

    March 13, 2023 at 9:58 pm

    She is not an elected official any more look how despite the writer is

  • Earl Pitts American

    March 14, 2023 at 7:24 pm

    Good evening America,
    Nikki wants Trump to win so she can work for Trump and maybe squeeze some money out of The Donald.
    Thank you America,
    Earl Pitts American

  • Keystone Keys

    March 19, 2023 at 6:48 pm

    Florida Democrats. Inept, ineffective and impotent.

Comments are closed.


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