SVB Collapse: Mike Rounds argues Dodd-Frank rollback ‘did not impact’ bank failure

By Ryan King

Published March 19, 2023 3:56pm ET

SVB Collapse: Mike Rounds argues Dodd-Frank rollback ‘did not impact’ bank failure — Sen. Mike Rounds (R-SD) suggested that the controversial 2018 rollback of Dodd-Frank regulations was not responsible for the demise of Silicon Valley Bank. Rounds, who sits on the Committee on Banking, Housing, and Urban Affairs, argued that, at most, the regulatory regime would have compelled SVB to purchase more of the long-term treasuries that ultimately […]

Sen. Mike Rounds (R-SD) suggested that the controversial 2018 rollback of Dodd-Frank regulations was not responsible for the demise of Silicon Valley Bank.

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SVB Collapse: Mike Rounds argues Dodd-Frank rollback ‘did not impact’ bank failure

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