Hacker News new | ask | show | jobs
by om42 1190 days ago
Outside of the Federal Reserve issue, isn't a core component here the 2018 bank deregulation laws that weakened the rules so they wouldn't apply to banks the size of SVB (less than $250B in assets)? Dodd-Frank was put in in place for a reason after 2008 and crawling it back in form of the 2018 bank deregulation laws was a glaring mistake.