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Barney Frank on His Role in the Banking Crisis

The Daily

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Crisis in Banking: A Deep Dive

This chapter explores the high-stakes environment during a bank crisis, focusing on Signature Bank's abrupt closure and the significant withdrawals that ensued. The discussion includes the role of regulators, the implications of Dodd-Frank rollbacks, and differing opinions on the stability of major banks within the financial system. Additionally, speakers debate whether recent bank failures indicate systemic risks or are isolated incidents, highlighting the complexity of modern banking regulations.

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