SVB’s collapse exposes the Fed’s massive failure to see the bank’s warning signs

This op-ed provides a stinging critique of the Federal Reserve’s performance as a bank supervisor, specifically regarding the collapse of Silicon Valley Bank (SVB). The author, Aaron Klein, argues that while much of the public debate centered on Trump-era deregulation, the root cause of SVB's failure was a breakdown in "supervision"—the active enforcement of existing rules.

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