Observations
May 27, 2025In a recent article published in The New York Times, journalist Peter Coy argued that despite initial urgency following Silicon Valley Bank's (SVB) failure in March 2023, momentum for reform has largely dissipated.
Observations
Mar 07, 2025In a blog post published earlier this week, Michael Clements, Director of Financial Markets and Community Investment at the US Government Accountability Office (GAO), argues that regulators failed to act upon clear signs in the lead-up to the 2023 bank failures and explains what they may do to prevent similar failures going forward.