Birdwatch Note Rating
2023-03-20 14:58:28 UTC - NOT_HELPFUL
Rated by Participant: 015EF949CC561DD1C4D9D280A412D22A8B38286592F6F7EDB1F2996F2613D350
Participant Details
Original Note:
The Federal Reserve still had the optional power to regulate SVB under the heightened prudential standards that banks with assets greater than $250B presumptively are required to follow, so they already had the power necessary to head this off, and nonetheless failed to do so. https://www.banking.senate.gov/imo/media/doc/No,%20the%20Senate%20reg%20relief%20bill%20isn't%20Destroying%20Dodd-Frank.pdf
All Note Details