Banks fought to fend off tougher regulation. Then the meltdown came.

Banks fought to fend off tougher regulation. Then the meltdown came.

[ad_1] “Clearly, Silicon Valley Bank’s failure will embolden people who see the current regulatory system as insufficient,” said Brookings Institution senior fellow Aaron Klein, a former Treasury Department official and Capitol Hill economist. While the details of how the lender collapsed are still being sorted out, the political impact of the second-largest bank failure since…

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