The Greed and Fear Behind Silicon Valley Bank's Collapse.
TL;DR Summary
Stress testing is failing and should be the focus of the Biden administration’s review of federal bank regulation, as it wouldn't have saved Silicon Valley Bank. Recent actions by federal regulators seem to be treating midsize banks as systemically important, despite being reclassified as systemically unimportant under the Trump-era Economic Growth, Regulatory Relief and Consumer Protection Act.
Topics:business#bank-regulation#dodd-frank#federal-reserve#finance#silicon-valley-bank#stress-testing
- Opinion | Stress Testing Wouldn't Have Saved Silicon Valley Bank The Wall Street Journal
- The economist who won the Nobel for his work on bank runs breaks down SVB’s collapse—and his fears over what’s next Yahoo Finance
- SVB Debacle: Biggest Myths, Out-of-Control Blame Game, and Worst Takes The Ringer
- Opinion | In the Silicon Valley Bank debacle, greed and fear ruled, not the rules The Washington Post
- Silicon Valley Bank failed because it bet the money printer would never stop Washington Examiner
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