Michael S. Barr: “Using the power of the government to crowd out the public sector, to politicize banking, will make it…”

Yes, I do think that bank mismanagement was at the core of this.

I think we need to take a good, hard look inside at the Federal Reserve, at our supervision, at our regulation.

I think it saved a lot of small businesses, households, community banks, and regional banks from a kind of contagion.

I want to know what the bank executives were doing in the months, weeks, and days leading up to this failure.