Birdwatch Note Rating
2023-03-14 06:31:31 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 48F3B761153E3D9FEFF32142AEABF2DEE00B53F7E0F0313DE0787AEC6D2A5C9D
Participant Details
Original Note:
The 2018 rollback did not cause SVB to collapse. 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