bank regulation

In “The Almighty Dollar: 500 Years of the World’s Most Powerful Money,” journalist and financial historian Brendan Greeley looks at why the dollar is the most powerful currency in the world and how that power has shaped the global financial system.

The Fed doesn’t just set interest rates. It needs to be able regulate banks independently too, to make sure the financial system keeps running in good and bad economic times.

Regulators are more watchful, and banks are trying to be more resourceful.

Besides testifying in hearings, regulators need to get a few messages across, including that the system worked, a PR executive says.

Examiners are the government employees who monitor a bank’s safety and soundness. What happened in the case of Silicon Valley Bank?

Credit rating agency Moody’s had given Silicon Valley Bank a high rating — right up until it failed.

The feds didn’t take possession of Silicon Valley Bank and Signature Bank. That was up to state regulators in California and New York.

What is the vice chair for supervision? Only the top banking cop at the Fed … but the job description can still be vague.

The Office of the Comptroller of the Currency oversees most U.S. banking assets and can influence economic inequality.