Trump-era banking law paved way for Silicon Valley Bank’s collapse
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.
Trump-era banking law paved way for Silicon Valley Bank’s collapse
Mar 13, 2023, 11:14pm UTC
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.