Nick Timiraos|Sep 18, 2026 13:40
Fed vice chair Michelle Bowman details the initial findings of the third-party review of the failure of Silicon Valley Bank.
She says the report challenges findings that social media amplified the run. She says it clears the 2018 regulatory tailoring law, contradicting the Fed report released by Michael Barr in 2023.
She doesn't say whether or when the final report by Starling will be made public. https://www.federalreserve.gov/newsevents/speech/bowman20260918b.htm
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