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Fiendish Thingy

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Member since: Mon Sep 6, 2004, 12:00 PM
Number of posts: 13,777

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2018: 50 Dem reps, 17 Dem senators vote to weaken Dodd-Frank banking regulations

Along with all the republicans, Which was then signed by Trump and led to the SVB melt down.

They overcame a filibuster to weaken regulations for this particular bank, whose CEO lobbied hard for relaxing regulations regarding capital liquidity.

Just sayin’, to keep the record straight.

No SVB depositor should be bailed out for more than the FDIC max of $250k. SVB was not like George Bailey’s savings & loan…
Posted by Fiendish Thingy | Sat Mar 11, 2023, 04:39 PM (1 replies)
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