In the wake of SVB collapse, the White House is calling for new rules for regional banks

In the wake of SVB collapse, the White House is calling for new rules for regional banks

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The Biden administration urged regulators on Thursday afternoon to update regulations on regional banks, including some that were loosened during the Trump era. Why it matters: The White House and others have blamed looser regulations for the collapse of Silicon Valley Bank and Signature Bank…

#trump #trumpadministration #congressional #svb #fdic #federalreserve #michaelbarr #gregbaer #bankpolicyinstitute

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