The collapse of Silicon Valley Bank (SVB) has renewed debate about deregulation of the financial industry in the United States, including the partial rollback of sweeping reforms introduced in the aftermath of the 2007-2008 financial crisis.
Some critics have blamed the failure of SVB, and the subsequent collapse of cryptocurrency-focused Signature Bank and Silvergate Capital, on the Trump administration’s easing of rules aimed at ensuring financial institutions can withstand serious economic shocks.
