Category: Dodd-Frank Wall Street Reform and Consumer Protection Act (2010)

A Big Question for the Fed: What Went Wrong With Bank Oversight?

The New York Times – Business:
As the Federal Reserve reviews the failure of Silicon Valley Bank, and Congress prepares for hearings, bank oversight is getting a closer look.
After SVB Collapse, Fed and Lawmakers Eye Bank Rules

The New York Times – Business:
The stunning demise of Silicon Valley Bank has spurred soul-searching about how large and regional banks are overseen.
Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis

The New York Times – Business:
The colossal bailouts after the 2008 collapse arguably saved the global economy, but they also provoked a ferocious popular backlash.
Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response.

The New York Times – Business:
The government took drastic action to shore up the banking system and make depositors of two failed banks whole. It quickly drew blowback.
Signature and Silicon Valley Bank Collapses Followed Softened Regulation

The New York Times – Business:
Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
Supreme Court to Take Up Case on Fate of Consumer Watchdog

The New York Times – Business:
A decision against the bureau could cast doubt on every rule and enforcement action the Consumer Financial Protection Bureau has taken.
Treasury Dept. to Ask Insurers for Data on Climate Risks to Measure Coverage Affordability

The New York Times – Business:
The department is proposing to gather information from across the country to establish where climate change is making property insurance unaffordable or inaccessible.