Failed Bank Fought Rule To Bolster FDIC Before Collapse
March 13, 2023
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11:18Now PlayingFailed Bank Fought Rule To Bolster FDIC Before Collapse
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as posted by the channelIn the months before Silicon Valley Bank’s collapse, the bank’s lobbying groups fought a proposal requiring financial institutions to increase payments into the Deposit Insurance Fund that protects depositors from bank failures, according to federal records reviewed by The Lever.
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