Deregulating the Banks with John Nichols

Guest: #JohnNichols, national affairs correspondent with The Nation. His latest piece is called "Bankers Lobbied for #Deregulation, Congress Capitulated, and Now #Banks Are Collapsing" ( https://www.thenation.com/article/economy/silicon-valley-bank-congress-deregulation/ )

https://youtu.be/NukXoBrUF8s

#SVB #KrachFinancier #BankingLobby #BankDeregulation

#LettersAndPolitics

Bankers Lobbied for Deregulation, Congress Capitulated, and Now Banks Are Collapsing

The Silicon Valley Bank collapse doesn’t require a bailout. It requires stronger bank oversight and the repeal of the 2018 “economic growth” act.

The Nation