Congressional Research Service Issues In Focus White Paper on FDIC's Systemic Risk Exception
April 12, 2023
April 12, 2023
WASHINGTON, April 12 -- The Congressional Research Service issued the following In Focus white paper on the FDIC's systemic risk exception (No. IF12378) on April 11, 2023, by macroeconomic policy specialist Marc Labonte:
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Bank Failures: The FDIC's Systemic Risk Exception
When Silicon Valley Bank (SVB) and Signature Bank failed, the Treasury Secretary, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve (Fed) announced on . . .
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Bank Failures: The FDIC's Systemic Risk Exception
When Silicon Valley Bank (SVB) and Signature Bank failed, the Treasury Secretary, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve (Fed) announced on . . .