Joe Manchin says he looks at his 2018 vote on easing bank regulations 'differently now' after Silicon Valley Bank's collapse
the progressives pointing fingers at the lawmakers who helped usher through that 2018 legislation, which took away oversight measures for midsize banks like SVB.by CNN's Manu Raju if he'd vote the same way as he did in 2018, Manchin replied: "Oh, no, you look at it differently now. You'd never thought this would have happened in the smaller banks."
of the Dodd-Frank law as a major factor in SVB's fall. First passed in 2010, the Dodd-Frank Act was created to protect consumers from predatory financial behavior following the 2008 financial crisis, but in 2018, some Democrats joined Republicans in sending a bill to former President Donald Trump's desk that would weaken scrutiny over banks.
Manchin did tell Raju that it was not a mistake to vote through that 2018 legislation, or at least it wasn't at the time.
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