What's the Banking Regulator Doing in Response to Silicon Valley Bank?

For now, because things are already so safe or there's such stability, there's nothing drastic. The banking regulator is just asking the banks to send essentially daily updates about their cash positions and liquidity. It doesn't mean that they're doing it because they're seeing signs of stress. We want to be on top of this so that unlike Silicon Valley Bank, where all of a sudden all these things happen and now we're playing catch up, they can get ahead of it this time if something were to materialize.