silicon valley bank

Authors of a 2018 law rolling back bank regulations are oblivious to a damning report from the Federal Reserve.
An investigation by the Federal Reserve hammers the "shift in the stance of supervisory policy" that lawmakers initiated in 2018.
The report points out underlying cultural issues at the Fed, where supervisors were unwilling to be hard on bank management when they saw growing problems.
The president is essentially asking regulators to reverse a 2018 law – without legislation.
Sens. Elizabeth Warren (D-Mass.) and Josh Hawley (R-Mo.) teamed up on a bill that suggests there could be a bipartisan response to recent bank failures.
First Citizens will acquire much of the tech-focused financial institution that collapsed this month.
One analyst said this interest rate increase, the ninth in the past year, shows the Fed's "willingness to roll the dice" with the economy.
Most economists expect the Federal Reserve to announce a relatively modest quarter-point hike in its benchmark rate, its ninth hike since March of last year.
"I just lost half my money to this banking thing, and that doesn’t mean that I’m not here," Stone said at the Women's Cancer Research Fund gala.
The president says regulators should be able to "claw back compensation from executives."