- Powell Blocked Mentions of Supervisory Failures From Bank Rescue Statements: The Fed chair resisted mentioning supervision, regulation, or accountability after the collapse of Silicon Valley Bank. His resistance delayed the announcement. https://prospect.org/economy/2023-03-17-powell-fed-supervisory-failures-banks/ 57 comments politics
Linking pages
- What Changed Fed Chair Jerome Powell From Hero to Goat in One Week? | The New Republic https://newrepublic.com/article/171252/fed-chair-jerome-powell-inflation-silicon-valley-bank 19 comments
- What should the lesson be from Silicon Valley Bank? https://newsletter.employbl.com/p/what-should-the-lesson-be-from-silicon 0 comments
Linked pages
- Federal Reserve Board - Joint Statement by Treasury, Federal Reserve, and FDIC https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm 732 comments
- Statement from President Joe Biden on Actions to Strengthen Confidence in the Banking System | The White House https://www.whitehouse.gov/briefing-room/statements-releases/2023/03/12/statement-from-president-joe-biden-on-actions-to-strengthen-confidence-in-the-banking-system/ 170 comments
- Fed to Consider Tougher Rules for Midsize Banks After SVB, Signature Failures - WSJ https://www.wsj.com/articles/fed-to-consider-tougher-rules-for-midsize-banks-after-svb-signature-failures-4453fe5d 1 comment
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