Rep. James Comer of Kentucky
Rep. James Comer, R-Ky., speaks during a hearing on Texas voting rights in Washington, DC, on July 29, 2021.
  • James Comer attributed Silicon Valley Bank's failure to its "woke" ESG investments.
  • "This could be a trend and there are consequences for bad Democrat policy," Comer said on Sunday.
  • Bernie Sanders said a 2018 law signed by former President Donald Trump is "directly" responsible for the collapse of SVB.

GOP Rep. James Comer, the chairman of the House Oversight Committee, slammed Silicon Valley Bank, or SVB, as "one of the most woke banks" in the US.

"We see now coming out they were one of the most woke banks in their quest for the ESG-type policy and investing," Comer said, referring to environmental, social, and governance policies.