Kevin Cramer insists banks ‘don’t need any more regulation’ following SVB collapse

By Ryan King

Published March 12, 2023 3:57pm ET

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Kevin Cramer insists banks ‘don’t need any more regulation’ following SVB collapse — Sen. Kevin Cramer (R-ND) rebuffed calls for increased banking regulations in the wake of Silicon Valley Bank‘s collapse. The senator took note of inflationary pressures and other economic turbulence that preceded SVB’s collapse but downplayed concerns that the rollback of the Dodd-Frank regulations for mid-sized banks during the Trump administration contributed to it. SILICON VALLEY […]

Sen. Kevin Cramer (R-ND) rebuffed calls for increased banking regulations in the wake of Silicon Valley Bank‘s collapse.

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banking Dodd-Frank Act Kevin Cramer Regulations