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BANKING CRISIS – After Dark

Myth of the 20th Century

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What's Going to Happen to Smaller Banks?

CNN's John Avlon says Silicon Valley Bank collapsed before the Fed ramped up its monetary policy. He says it was a smart move by the Trump administration, which is trying to spur economic growth in rural America and parts of the south. The bank took deposits from U.S. Treasuries but concentrated them in mortgage-backed securities that are backed by government institutions like Fannie and Freddie,. Avlon: "We want growth in the Great Lakes. We want growth in Ohio. We want Growth in the Midwest"

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