Political Blame Game Over Silicon Valley Bank Failure and Bailout Costs

Moderate Senate Democrats who voted to loosen regulations on midsize banks in 2018 are standing by their votes in the wake of Silicon Valley Bank’s collapse, joining Republicans in resisting enhanced scrutiny for financial institutions. The Democrats' resistance to new bank regulation indicates a tough slog facing legislation unveiled this week by Sen. Elizabeth Warren, D-Mass. The bill would repeal the heart of the 2018 bill, which eased Dodd-Frank scrutiny imposed in 2010 by raising the "too big to fail" limit from $50 billion in assets.