Tomorrow at 1pm ET, will be talking with Lyn Alden and Arnold Kling about the Silicon Valley Bank fiasco and whether the worst is yet to come for American banks and the Fed… https://www.youtube.com/live/WalAt5nyJY0?feature=share
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.
Absolutely will ask about both of those issues
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
Thanks, friend. Good article.
