Trump-era banking law paved way for Silicon Valley Bank’s collapse

Trump-era banking law paved way for Silicon Valley Bank’s collapse

a year ago
Anonymous $Gb26S9Emwz

https://www.vox.com/business-and-finance/2023/3/13/23638655/silicon-valley-bank-trump-fdic-banking-law

Silicon Valley Bank was a test case for Congress’s 2018 bipartisan banking deregulation law. It failed.

The collapse of Silicon Valley Bank and other similarly sized banks in recent days has put a spotlight on Congress’s 2018 bipartisan banking deregulation law, which was signed by then-President Donald Trump.