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CED’s Policy Backgrounders provide timely insights on prominent business and economic policy issues facing the nation.
This week, lawmakers are holding the first hearings over the handling of Silicon Valley Bank and Signature Bank. The hearings mark the first forum for Congress to press relevant regulators beyond Treasury Secretary Yellen and Fed Chair Powell to uncover details on the actions of the banks’ management. CED’s new Policy Brief breaks down how policymakers are reacting to the banking crisis. The policy response will have an important impact on how banks manage risk as more and more banks are considered too systemic to fail, the extent of federal regulation and engagement in the US banking system, and the future of small and medium-sized banks.
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