GAO-25-107023, Federal Deposit Insurance Act: Federal Service Operate toIdentify and you can Mitigate General Exposure from the February 2023 Lender Downfalls
The procedure to help you invoke the newest general risk exemption tookplace over about 2 days, as the SVB and Trademark Bank deteriorated quickly andTreasury, FDIC, and also the Federal Put aside has worked to react. State bankingsupervisors signed SVB and Signature Lender on the March ten and you may 12, 2023,respectively, and entitled FDIC […]
