On the recordJune 20, 2023
I think we learned from the Silicon Valley failure and the others that there is going to be a need for stronger supervision.
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congress.govI think we learned from the Silicon Valley failure and the others that there is going to be a need for stronger supervision.
Powell acknowledges the need for stronger bank supervision post-Silicon Valley Bank failure.
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We’re trying to deliver macro stability, financial stability, economic stability for the benefit of all the people.
Stopping sooner could have made some difference, but not likely enough to fundamentally alter the trajectory of the economy
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