In debates about who to blame for failures at Silicon Valley Bank and Signature Bank, and fears of contagion as we see UBS buy out Credit Suisse, a major angle is being overlooked: the wide swath of common ground on this issue.
in Washington, especially the Trump administration that rolled back some of the Dodd-Frank banking regulations in 2018. But that is not all. She also wrote in the same op-ed that"it's critical that those responsible not be rewarded." that it was"very, very clear" that those changes in 2018"did not impact this particular issue." But he separated those discussions from saying"it's okay to allow the owners of a bank to lose their resources.
Will our elected officials work with each other to get this done? Or will they just play more political football? It's time to harness the frustration that spans across the aisle and make sure failure doesn't lead to great rewards.Joan Blades, Co-founder, Living Room Conversations and MoveOn.org
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