Birdwatch Note Rating
2023-03-20 19:05:22 UTC - HELPFUL
Rated by Participant: 7BE6A4E079F8694C72FD398E58237F7BCE9DD4BA6066140F81CCDBA0ABEB8D40
Participant Details
Original Note:
The 2018 rollback did not allow banks like SVB to take reckless risk. It exempted banks below $250 billion from stress tests, but they still had to follow liquidity provisions. SVB was well capitalized with highly liquid assets as defined by Dodd Frank. https://www.cbsnews.com/news/dodd-frank-rollback-5-things-to-know-about-bill-to-cut-banking-regs/ https://www.federalreserve.gov/newsevents/pressreleases/bcreg20140903a.htm https://cdr.ffiec.gov/public/ManageFacsimiles.aspx
All Note Details