Silicon Valley Bank

Silicon Valley Bank Collapses in $212 Billion Bank Run, Third-Largest U.S. Bank Failure Caused by Regulatory Rollback

2023-03-10 00:00:00 +0000 UTC | Importance: 9/10

California regulators close Silicon Valley Bank and appoint the FDIC as receiver after a catastrophic bank run, marking the third-largest bank failure in U.S. history and the largest since the 2008 financial crisis. SVB, the 16th largest U.S. bank with $212 billion in assets, collapses due to …

Silicon Valley Bank Greg Becker FDIC Federal Reserve California DFPI +2 more banking-collapse regulatory-capture deregulation dodd-frank systemic-risk +3 more

Trump Signs Dodd-Frank Rollback Raising 'Systemically Important' Bank Threshold from $50B to $250B After Industry Lobbying Blitz

2018-05-24 00:00:00 +0000 UTC | Importance: 9/10

President Trump signs the Economic Growth, Regulatory Relief, and Consumer Protection Act (S.2155), dramatically weakening post-2008 financial regulations by raising the asset threshold for ‘systemically important financial institution’ (SIFI) designation from $50 billion to $250 …

Donald Trump Greg Becker Silicon Valley Bank Mike Crapo Mark Warner +3 more deregulation banking dodd-frank regulatory-capture lobbying +2 more