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America’s Banking Regulators Have Failed

Here's some things that can be done to improve regulation overall.

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America’s Banking Regulators Have Failed
The Federal Deposit Insurance Corp (FDIC) logo at the FDIC headquarters in Washington on Feb. 23, 2011. Jason Reed/Reuters
J.G. Collins
By J.G. Collins
4/2/2023Updated: 4/2/2023
0:00
Commentary
March 28 hearings on bank regulation exposed the shortfall of federal regulation. The hearings came in the wake of the Silicon Valley Bank (SVB) failure and the stresses on other banks, like Signature and Republic.  To put it frankly, the hearings exposed our regulators appear to be virtually useless.
J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
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