Warren blames Congress for ‘entirely avoidable’ bank failures

Sen. Elizabeth Warren (D-Mass.) said Monday that the collapse of Silicon Valley Bank (SVB) was enabled by Congress, which in 2018 passed a law to ease bank regulations put in place following the 2008 financial crisis.  In a New York Times opinion piece, Warren noted that SVB was one of many banks that lobbied Congress … Continue reading Warren blames Congress for ‘entirely avoidable’ bank failures