Mark Warner: “I am not sure what regulatory standards would have worked when you had…”

On the recordMarch 15, 2023

I am not sure what regulatory standards would have worked when you had $42 billion of capital leave in a single day.

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Democratic · Virginia

Source

Questioned the effectiveness of regulatory standards during a rapid bank run.

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Mark Warner: “I am not sure what regulatory standards would have worked when you had $42 billion of capital leave in a single day.”