How's the Economy Really Doing? | US regional banks face a reckoning

US regional banks face a reckoning

Snippet of Article: "The Fed wants to whip regional lenders into shape, fearing a ticking time bomb in the souring commercial real estate market...Michael Barr, shared the Federal Reserve’s direction of travel in a speech to the Columbia Law School annual banking conference in February. The writing is on the wall for regional banks: more scrutiny, more supervision, more rules. ...Given that regional bank chiefs had an easier ride under the Donald Trump administration, they must be crossing their fingers and toes that, come November 5, the White House turns from blue to red."

Source: www.thebanker.com

regional banks face a reckoning, Bank Crisis 2024, Skirting Dodd-Frank to Protect the Wealthy, Systemic Risk Exception, More Rules Are Useless Without Enforcement,

---

FDIC Hanky-Panky | We Thought DODD-Frank Put Bank Fail Bailouts Behind Us | Uninsured Depositors Were Warned of Fail in Advance ($670 million bailout)

Philly lender Republic First Bancorp seized by feds in latest regional bank collapse

Snippet of Article: "...Republic Bank had about $6 billion in total assets and $4 billion in total deposits, as of Jan. 31, 2024. The FDIC estimates that the cost to the Deposit Insurance Fund related to the failure of Republic Bank will be $667 million. The bank’s 32 branches in New Jersey, Pennsylvania and New York will reopen as branches of Fulton Bank on Saturday or on Monday during business hours. ..."

Source: nypost.com

Systemic Risk Exception Scam, Protecting FDIC Uninsured Wealthy Members, Dodd-Frank Violations, Invoking the Systemic Risk Exception Rule to Protect Small Banks and the FDIC Uninsured Wealthy at Your Expense, Dodd-Frank and Basel III regulations,

---