Political Quotes

Nydia Velázquez: “The rescue of depositors at Silicon Valley Bank and the invocation of the systemic risk exception by Federal regulators…”

On the recordMay 9, 2023
The rescue of depositors at Silicon Valley Bank and the invocation of the systemic risk exception by Federal regulators demonstrates that regulators think regional banks can pose a systemic risk to the system.
Said by
Nydia Velázquez
Democratic · New York

Editor's note · Context

Velazquez highlights regulators' views on regional banks' systemic risks.

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