Surveillance: SVB Fallout with Michaud
Bloomberg Surveillance
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Do We Need to Expand Too Big to Fail Constructively?
Tom Steyer: Can we expand too big to fail constructively across the regionals, the super regionals and even some of the larger institutions state by state? Or do we need to expand it for each and every community bank? "We really need to go back to Title I, Dodd-Frank that was signed back in 2010 at that time. Those institutions that are $50 billion and over were considered systemically important," he says.
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