Normal Bank Failure
Slate Money
00:00
Credit Suisse Is Too Big to Fail
Silicon Valley Bank had regulators sitting at the San Francisco Fed bank examiners who are supposed to keep an eye on what it's doing. The main Federal Reserve named Randall Quarles got a lot of attention during the Trump years for saying he wanted to take a new approach when it came to bank examination. He would say, no, I'm just trying to establish a due process. But that really hasn't stemmed the criticism.
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