I'm not sure you understand cause and effect, they raised interest rates to attempt to control inflation, which you will next argue that was caused by the democrats because they gave money to normal people and not just the corporations (trickle down and all). Trump kept rates low during "the best economy ever," which is yet another example of why the right sucks even with fiscal policy. His tax cuts didn't help either, 2 trillion there. The fact is that after 2 years of not going full throttle most companies are not giving a damn at all about inflation and are moving forward with all sorts of investments, which is why everything under the sun costs a ton anymore. The banks in question, despite having the entire fake capitalistic economy set up for them to make tons of money with almost no risk, made some horrible leveraged bets and are now of course insolvent. Who could have guessed that crypto currency based on some dudes dog wasn't the next Google?

The fact remains that crippling consumer agencies that keep this shit in check is a really dumb thing to do, and it's also pretty much the rights entire platform. Less regulation getting in the way of business and all. But you distilled it down to them being "woke."