Fed Says It Failed to Act on Problems That Led to Silicon Valley Bank Collapse

Wall Street Journal, Apr. 28, 2023–Andrew Ackerman, Ben Eisen (subscription)
The Federal Reserve’s banking supervisors failed to take forceful action to address growing problems at Silicon Valley Bank before it collapsed last month, the central bank’s top regulator said, signaling a broad push to toughen rules on the industry.
https://www.wsj.com/articles/regulators-to-publish-postmortems-on-silicon-valley-bank-signature-failures-37abe07?mod=hp_lead_pos1