Political Quotes

Elizabeth Warren: “So in its postmortem of the Silicon Valley Bank collapse, the Fed found that legislation passed out of this Committee in…”

On the recordMay 3, 2023
So in its postmortem of the Silicon Valley Bank collapse, the Fed found that legislation passed out of this Committee in 2018, led to weakened rules for big banks that were major contributors to Silicon Valley Bank's failure.
Said by
Elizabeth Warren
Democratic · Massachusetts

Editor's note · Context

Warren highlights the impact of 2018 legislation on bank oversight and failures.

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