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Randal Quarles: What Congress Should Ask Regulators in SVB’s Aftermath
Some lawmakers blame a bipartisan 2018 reform law for the bank’s collapse. That’s so nonsensical, it isn’t even wrong. Congress will hold hearings this week on lessons from the failure of Silicon Valley Bank. Some lawmakers are calling for the financial stampede that brought down SVB to be followed by a political stampede of new, restrictive
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Posted: March 27, 2023 Monday 06:21 PM