
Should I be worried about all the bank failures?
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The Fed's Failure to Take Care of the Economy
Abba: Why does it seem like regulators missed that this collapse was about to happen? Abba: These smaller regional banks did have a separate set of requirements and rules from the larger ones. And so these measures, while they're in place, maybe weren't broad enough or safeguarding against all of the potential factors out there," he says. "There's been a lot of criticism of the Fed and this goes back not just to the current crisis but to a year or two ago when inflation was mounting"
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