As another Fed official rips the 'textbook case of mismanagement' at SVB, he's also turning the mirror on his own failures

As another Fed official rips the 'textbook case of mismanagement' at SVB, he's also turning the mirror on his own failures

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Last week, Federal Reserve Chairman Jerome Powell told reporters that in the days following the rapid collapse of Silicon Valley Bank, the main question regulators asked themselves was: “How did this happen?” The man responsible for answering that question is the central bank’s vice chair for…

#federalreserve #jeromepowell #siliconvalleybank #michaelsbarr #urbanaffairs #svb #tennessee #billhagerty #sffed #fortune

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