SVB's Outflows and Social Media Collapse: Regulators Disappointed and Congress Asks Questions.

Silicon Valley Bank experienced a historic bank run, with $142 billion in deposits withdrawn in just two days, leading to its collapse. The bank run was accelerated by social media and tech tools that made it easier to withdraw funds. Economist Mohamed El-Erian warns that potential high-speed bank runs pose challenges for banks and regulators. The Federal Reserve's vice chair for supervision, Michael Barr, expects more stringent lender rules to prevent future bank collapses.