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Friday, May 1, 2026

Fox News reporters parroted false claims tying Silicon Valley Bank's failure to Black Lives Matter - Media Matters for America

The right-wing media echo chamber pushed a completely fictional talking point that Silicon Valley Bank had supposedly donated $73 million to Black Lives Matter, based on distortions from a far-right think tank. And in Fox News’ rush to amplify the falsehoods, which fit the network’s preposterous political narrative that SVB was a “woke bank,” purported “news” personnel behaved no differently from the network’s opinion hosts.

As a prime example of Fox’s “news” personalities pushing blatantly partisan falsehoods, on the morning of March 15, Fox News White House correspondent Peter Doocy claimed: “Roughly $73 million went to Black Lives Matter-related causes” from the bank.

And later that night, Fox host Sean Hannity said that Silicon Valley Bank “diverted a massive amount of money to left-wing causes. Now, get this, this is what we have discovered, that includes a whopping $73 million to BLM-related groups.”

This is the same network that, as recently unearthed text messages and emails have shown, will actively reprimand and penalize its alleged “straight news” reporters for debunking misinformation pushed by its opinion hosts and their guests. As such, nobody in the network would have any incentive to even try to unearth the facts, because Fox News is not in any sense a real news organization.

Actual SVB donations to Black Lives Matter: $0.00

The charge itself that SVB contributed over $70 million to Black Lives Matter or closely aligned organizations is based on a supposed...



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