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Silicon Valley Bust: Bank Failure’s Causes, Cures, and Culpability

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Joe Selvaggi talks with financial market and monetary policy expert Dr. Norbert J. Michel about the causes for the failure of Silicon Valley Bank and what its demise portends for depositors, the banking sector, and the regulatory regime that governs it.

Guest:

Norbert J. Michel is vice president and director of the Cato Institute’s Center for Monetary and Financial Alternatives, where he specializes in issues pertaining to financial markets and monetary policy. Michel was most recently the Director for Data Analysis at the Heritage Foundation where he edited and contributed chapters to two books: The Case Against Dodd–Frank: How the “Consumer Protection” Law Endangers Americans, and Prosperity Unleashed: Smarter Financial Regulation.

Host:
Joe Selvaggi
Guest:
NJNorbert J. Michel