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Trump and republicans increased the capital treshhold of banks from 50B to 250B where banks must comply with an FDIC stress test as defined by Dodd-frank regula
by Kyragem 4y ago
Trump and republicans increased the capital treshhold of banks from 50B to 250B where banks must comply with an FDIC stress test as defined by Dodd-frank regulations. A small bank like SVB would have probably been required to hold more capital and wouldn’t have gone bankrupt.
- muyuu 4y agoor perhaps it wouldn't have been able to survive to that regulation in the first place it does seem like the current banking system is weird and full of vestigial features, they are so regulated they might as well be publicly owned