Birdwatch Note Rating
2023-03-13 17:08:09 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 65F687F3F0BE41BB456A883BA989742AB6F9566B731F7526D2F0E850C1B7F1DC
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