: ‘The spirit of Dodd-Frank is dead.’ Regulators swore off bailouts, until they didn’t.

by | Mar 13, 2023 | Stock Market

The Biden administration is at pains to describe its weekend rescue of Silicon Valley Bank as anything but a bailout, but experts agree that the move will have wide-ranging implications for the banking sector for years to come, with some going so far as to say the action represents a repudiation of the post-financial crisis consensus on U.S. bank regulation. See also: Biden says Americans can have confidence that banking system is safe “The…

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