Lisa McClain actually said...

In fact, am I to understand it correctly, that it moved it from $250, but at $250 it was mandated that you do X.

The Federal Reserve's autopsy lays a lot of blame at Congress' feet because of changes that were enacted to Dodd-Frank in 2018.

Banks fail. That is a fact. But on March 10, Silicon Valley Bank failed nearly overnight.

In my first few years in Washington, one thing has been clear, government agencies are not good at taking accountability for their failures.