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The End of the Silicon Valley Bank Story
When he was a kid, Sam Donaldson had Larry Bird on his sports heroes list. He says the biggest issue is that in 2017, the Trump administration rolled back regulations for banks like SBV. The Silicon Valley bank story also has him wondering if interest rates are going to go up after Powell's announcement yesterday.Donaldson: I think we don't have those rules and these people need to pay the consequences.