2min chapter

Open to Debate cover image

Is the Banking System Safer Than It Was in 2008?

Open to Debate

CHAPTER

The Conflict of Interest in Silicon Valley Bank

The CEO of Silicon Valley Bank was also a director of San Francisco's Federal Reserve when the bank failed. How do we ensure this kind of conflict of interest doesn't happen again with other banks? We need another round of reforms, although most likely those reforms will help on the optics rather than the reality.

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