And What If One Or Two More Banks Go In The Red?Gee,Anyone Wanna Guess Which Democrats Will Tie The Meltdowns To Trump?

[My_Chinchilla_Is_A_Racist]

And what does Trump have to do with the current banking debacle? who knew Trump was in charge of all financial decisions made by the silicon valley bank! but odds are that someone "The View" have already blamed Trump for the Silicon Valley Bank debacle, even though Trump is not even associated with that Bank. But just you wait, if this happens again with another bank, anyone wanna guess which liberals or cable news hosts wont waste time tieing it to Trump and his "Current Banking Policies"?,,well at we all know Joyce BowHeart might say something to her massive audience of 13 ladies with IQ's under 43.

 

[pyetro]

And what does Trump have to do with the current banking debacle? who knew Trump was in charge of all financial decisions made by the silicon valley bank! but odds are that someone "The View" have already blamed Trump for the Silicon Valley Bank debacle, even though Trump is not even associated with that Bank. But just you wait, if this happens again with another bank, anyone wanna guess which liberals or cable news hosts wont waste time tieing it to Trump and his "Current Banking Policies"?,,well at we all know Joyce BowHeart might say something to her massive audience of 13 ladies with IQ's under 43.

What does passing a law exempting certain banks from regulation have to do with current banking?

 

[Dante Reawakened]

In the fallout of Friday's run on the bank, some reports noted that a rollback of banking regulations by former President Donald Trump might have weakened SVB's ability to manage risks associated with interest rates. In 2018, according to The New York Times, Trump signed a bill that axed regulatory requirements for regional banks with less than $250 billion in assets.

yep

Under the new rules, such institutions no longer had to submit to "stress testing" by the Federal Reserve and were no longer required to keep a certain amount of cash on hand to protect against the effects of financial shocks, the newspaper reported.


The Times noted in its report that the bill was championed by SVB CEO Greg Becker. Becker had pressed lawmakers in Congress to lessen regulation that placed higher scrutiny on certain banks, claiming that SVB had a "low risk profile of our activities and business model." By 2018, his bank had spent roughly $500,000 to lobby for the changes that Trump ultimately signed into law, according to The Lever, an investigative news outlet.

 

[Dante Reawakened]

What does passing a law exempting certain banks from regulation have to do with current banking?

 

[busybee01]

What does passing a law exempting certain banks from regulation have to do with current banking?

Banks were required to undergo yearly stress tests. The law exempted most of the top 50 banks from the stress test including SVB. Had they been forced to undergo the stress test, the problems might have been found and would not have required closing it down. A increase in interest rates is one of the scenarios that are considered in the stress test. We should repeal this law.

 

[Cellblock2429]

And what does Trump have to do with the current banking debacle? who knew Trump was in charge of all financial decisions made by the silicon valley bank! but odds are that someone "The View" have already blamed Trump for the Silicon Valley Bank debacle, even though Trump is not even associated with that Bank. But just you wait, if this happens again with another bank, anyone wanna guess which liberals or cable news hosts wont waste time tieing it to Trump and his "Current Banking Policies"?,,well at we all know Joyce BowHeart might say something to her massive audience of 13 ladies with IQ's under 43.

/----/ Well, everything thing else they threw at Trump fizzled out. Why not stuff that happens on Dementia Joe's watch.

Beware

 

[BlindBoo]

What does passing a law exempting certain banks from regulation have to do with current banking?

He did sign the law Congress passed. But most of the blame goes to the guys in charge of the bank.

 

[MarcATL]

Another one of these threads...

 

[g5000]

And what does Trump have to do with the current banking debacle? who knew Trump was in charge of all financial decisions made by the silicon valley bank! but odds are that someone "The View" have already blamed Trump for the Silicon Valley Bank debacle, even though Trump is not even associated with that Bank. But just you wait, if this happens again with another bank, anyone wanna guess which liberals or cable news hosts wont waste time tieing it to Trump and his "Current Banking Policies"?,,well at we all know Joyce BowHeart might say something to her massive audience of 13 ladies with IQ's under 43.

Somehow, this is all the negroes' fault.

And Ray Epps.

 

[My_Chinchilla_Is_A_Racist]

i wonder what future bank failure will be blamed on Bush

 

[Cellblock2429]

Another one of these threads...

/——/ And you’re suffering from communist indoctrination.