Political Quotes

JD Vance: capital requirements are not necessarily a panacea to the type of banking run that we saw in the Silicon Valley Bank…

On the recordJune 21, 2023
capital requirements are not necessarily a panacea to the type of banking run that we saw in the Silicon Valley Bank case.
Said by
JD Vance
Republican · Ohio

Editor's note · Context

Vance argues that higher capital requirements may worsen bank runs like Silicon Valley Bank's.

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