Mnuchin Scorns Bank Management, Regulators for SVB

The video discusses the failures of Silicon Valley Bank and Signature Valley Bank, focusing on whether these could have been prevented and the role of regulation. It highlights the difference between the current banking crisis, driven by interest rate risk, and the previous financial crisis, which was credit-based. The video emphasizes the importance of basic risk management and criticizes both bank management and regulators for their failures, particularly in handling large deposits and long-term investments.

What role do the Fed, Treasury, and FDIC play in the context of the banking crisis?

In what ways did the investment strategies of the banks contribute to their failures?