The Silicon Valley Bank Bailout Didn't Need to Happen  —  The debate over protecting all deposits in a blink looks past the incompetence that got us here.  —  Sen. Mike Crapo (R-ID) is seen at a Senate Finance Committee hearing on March 7, 2023.  Crapo was a principal sponsor of a bank deregulation bill in 2018.

Regulators close crypto-focused Signature Bank, citing systemic risk  —  U.S. regulators on Sunday shut down New York-based Signature Bank, a big lender in the crypto industry, in a bid to prevent the spreading banking crisis.  —  “We are also announcing a similar systemic risk exception for Signature Bank …

We Can Prevent More Bank Failures  —  No one should be mistaken about what unfolded over the past few days in the U.S. banking system: These recent bank failures are the direct result of leaders in Washington weakening the financial rules.  —  In the aftermath of the 2008 financial crisis …

Unlimited deposit insurance  —  Tonight the US Treasury, Federal Reserve, and FDIC delivered a joint statement in order to staunch the panic provoked by last week's resolution of Silicon Valley Bank.  (ht Steve Herman).  —  Regulators shocked the market last week, not because SVB was shut …

Biden says ‘the banking system is safe’ after Silicon Valley Bank shutdown  —  President Joe Biden delivered remarks Monday on his administration's efforts to ease uncertainties about the banking system in the wake of the collapse of Silicon Valley Bank last week, the second-largest bank failure in U.S. history.

Is Silicon Valley Bank getting a government bailout?  Not in the 2008 sense.  —  Federal officials insisted their emergency measures to shore up deposits wouldn't come at taxpayers' expense.  But the public could still bear some indirect costs, one expert warned.

Silicon Valley Bank Depositor Bailout Makes Mockery of ‘Too Big to Fail’  —  The 2008 financial collapse and resulting Wall Street bailout popularized the concept of “too big to fail” — the idea that certain institutions were so massive, and so intertwined with the rest of the financial system …

SVB Failure Sparks Blame Game Over Trump-Era Regulatory Rollback  —  Eight years ago, Greg Becker delivered a blunt message to lawmakers in Washington: the bank he ran was not like Wall Street.  —  As chief executive officer of SVB Financial Group, he urged Congress to pass legislation …