Business • 3 min read Document Shows Regulators Knew Of SVB Risk Five Years Ago Bank overseers published a 2018 report with a major red flag about Silicon Valley Bank — and then they ignored it.
Lever Weekly • 8 min read LEVER WEEKLY: Too Small To Regulate, Now Too Big To Fail Silicon Valley Bank shows how rules are instantly changed to protect the rich and powerful.
National Politics • 3 min read Fed Insisted SVB Posed No Serious Risk To Financial System Less than two years later, Fed Chair Jerome Powell cited systemic risk as justification to protect Silicon Valley Bank’s depositors.
National Politics • 5 min read SVB’s Lobby Groups Fought Proposal To Bolster Deposit Insurance Months before Silicon Valley Bank collapsed, its D.C. advocacy groups said the FDIC initiative “would unduly burden banks.”