$142 billion in 2 days: extent of SVB bank run comes into focus as U.S. regulators mull new rules

$142 billion in 2 days: extent of SVB bank run comes into focus as U.S. regulators mull new rules

Upworthy

Published

Top Biden administration officials faced tough questions from Congress Tuesday as lawmakers and financial regulators assess the causes of the recent collapse of Silicon Valley Bank and Signature Bank and whether new laws and rules are needed in response. “I anticipate the need to strengthen…

#siliconvalleybank #michaelbarr #federalreserve

Full Article