President Biden has now presided over three of the four largest bank failures in U.S. history and experts are warning the Federal Reserve's interest rate regime could lead to additional problems across the sector.

Since March, three major banks — First Republic Bank, Silicon Valley Bank and Signature Bank which had assets worth $212 billion, $209 billion and $110 billion, respectively, according to Federal Reserve data — have imploded in the wake of high interest rates and poor management decisions. The Federal Deposit Insurance Corporation (FDIC) has estimated its actions to resolve the failures will cost taxpayers about $36 billion. 

"The Federal Reserve, the Treasury, this entire administration, frankly, has been very inconsistent with their operations in financial markets," E.J. Antoni, an economist and research fellow at The Heritage Foundation, told Fox News Digital in an interview. "So they will do one thing in one instance and then something completely different in the next." 

"However, if this last episode is any indication, as the federal government gets increasingly desperate in this banking crisis, as the crisis continues to escalate, what we're seeing is an increasing willingness to basically use taxpayer money to bail out these institutions," Antoni added.