Signature Bank Board Member Says Shutdown Was Political

Signature Bank Board Member Says Shutdown Was Political

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One of the Dodd-Frank Act drafters, Barney Frank, said regulators shut Signature Bank down to send an anti-crypto message. In shocking revelations, Frank told CNBC that there was “no real objective reason” for the FDIC to seize Signature because the bank was “technically solvent.” Signature Board…

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