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Replying to Avatar Chris Hatch

A liberal friend is blaming 2018 bank deregulation. I’d appreciate it if you asked about this.

I’m also not thrilled about the FDIC covering deposits over $250k. The rules were established long before SVB collapsed. Those that had more than $250k in an account should have known better. I feel like this sets a bad precedent. But once again, I’d be interested in your guests’ opinions.

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graycat 2y ago

Norbert Michel and Nicholas Anthony blogged at Cato today about the 2018 amendment to the Dodd-Frank Act.

https://www.cato.org/blog/dodd-frank-was-never-gutted-it-was-barely-touched

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Chris Hatch 2y ago

Thanks, friend. Good article.

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