{"id":84300,"date":"2023-03-28T01:14:33","date_gmt":"2023-03-28T05:14:33","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84300"},"modified":"2023-03-28T01:21:12","modified_gmt":"2023-03-28T05:21:12","slug":"feds-barr-calls-silicon-valley-bank-failure-a-textbook-case-of-mismanagement","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2023\/feds-barr-calls-silicon-valley-bank-failure-a-textbook-case-of-mismanagement.html","title":{"rendered":"Fed\u2019s Barr calls Silicon Valley Bank failure a \u2018textbook case of mismanagement\u2019"},"content":{"rendered":"\n<p>(CNBC) The Federal Reserve\u2019s top banking regulator said Monday that the failure of Silicon Valley Bank was due largely to mismanagement, though he noted that regulation and oversight also need to step up. Fed Governor Michael Barr, the central bank\u2019s vice chair for supervision, insisted in prepared remarks to two congressional panels that regulators had noted issues with SVB\u2019s risk management, but the bank was too slow to respond.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/03\/27\/feds-barr-calls-silicon-valley-bank-failure-a-textbook-case-of-mismanagement.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) The Federal Reserve\u2019s top banking regulator said Monday that the failure of Silicon Valley Bank was due largely to mismanagement, though he noted that regulation and oversight also need to step up. Fed Governor Michael Barr, the central bank\u2019s [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84300","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84300"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84300\/revisions"}],"predecessor-version":[{"id":84301,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84300\/revisions\/84301"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}