Birdwatch Note Rating
2023-03-20 15:04:25 UTC - NOT_HELPFUL
Rated by Participant: D554BDB2A4397C56167ADF0E5D76409B2EDC0EE0D45C142E6AD8D729AE817A0C
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