The Fed admits some of the blame for Silicon Valley Bank's failure in scathing report
by Scott Horsley
Apr 28, 2023
2 minutes
Updated April 28, 2023 at 2:09 PM ET
The Federal Reserve says its own light-touch approach to bank regulation is partly to blame for the collapse of Silicon Valley Bank last month, and it promised more vigorous oversight in the future.
In a , the Fed says its own supervisors were slow
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