Utah A.G. Reyes Signs Letter Objecting to SVB/Signature Bank Bailouts as Reckless
August 05, 2023
August 05, 2023
SALT LAKE CITY, Utah, Aug. 5 -- Utah Attorney General Sean D. Reyes issued the following news:
Attorney General Sean D. Reyes joined a comment letter to the Chairman of the Federal Deposit Insurance Corporation (FDIC), led by the state of Oklahoma, opposing the FDIC's proposed rule imposing a special assessment on FDIC-insured banks to pay for the bailout of uninsured depositors of Silicon Valley Bank (SVB) and Signature Bank (Signature).
In March of this year, SVB and . . .
Attorney General Sean D. Reyes joined a comment letter to the Chairman of the Federal Deposit Insurance Corporation (FDIC), led by the state of Oklahoma, opposing the FDIC's proposed rule imposing a special assessment on FDIC-insured banks to pay for the bailout of uninsured depositors of Silicon Valley Bank (SVB) and Signature Bank (Signature).
In March of this year, SVB and . . .