2023-03-12 19:10:56
Trump rolled back the Dodd / Frank act of 2010 for small banks only. The goal was to make it easier for small or midsize banks — which hypothetically wouldn’t bring down the entire economy should they collapse — to do more lending and save money on stress testing. [Link] NEEDS_MORE_RATINGS(5-0-4) Author
2023-03-12 19:57:47
The additional context added around "small banks" is unnecessary context in this case, considering SVB falls into that category - and the SVB CEO was one of the heaviest lobbiers for the bank deregulation Trump enacted [Link] NEEDS_MORE_RATINGS(4-0-1) Author
2023-03-13 03:28:03
Jennifer L. Homendy, Chair of the National Transportation Safety Board: The ECP braking rule would’ve applied ONLY to HIGH HAZARD FLAMMABLE TRAINS. The train that derailed in East Palestine was a MIXED FREIGHT TRAIN containing only 3 placarded Class 3 flammable liquids cars. [Link] NEEDS_MORE_RATINGS(1-0-1) Author