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 22, 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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