New video by MSNBC on YouTube

Rep. Josh Harder: Regulators were 'asleep at the wheel,' should have seen SVB collapse coming
Representative Josh Harder (D-CA) joins Andrea Mitchell to react to the aftermath of the Silicon Valley Bank collapse as a former venture capitalist who worked with SVB. “In the digital era, confidence can disappear faster than a Snapchat message. And so it's very clear that we're going to need more regulation, more scrutiny to protect other banks, and especially the regional banks, going forward,” says Harder. “I think regulators were asleep at the wheel and not anticipating this crisis before it happened. And so we're going to need to make sure that there's higher insurance guarantees, that the banks have more skin in the game and are paying larger insurance fees, and then we're going to need stronger regulation for the entire midsize regional banking industry.” » Subscribe to MSNBC: https://ift.tt/3RiEBGZ Follow MSNBC Show Blogs MaddowBlog: https://ift.tt/pIrjcTF ReidOut Blog: https://ift.tt/l6Yq1GD MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, The Beat with Ari Melber, Deadline: White House, The ReidOut, All In, Last Word, 11th Hour, and Alex Wagner who brings her breadth of reporting experience to MSNBC primetime. Watch “Alex Wagner Tonight” Tuesday through Friday at 9pm Eastern. Connect with MSNBC Online Visit msnbc.com: https://ift.tt/wyl38qr Subscribe to the MSNBC Daily Newsletter: MSNBC.com/NewslettersYouTube Find MSNBC on Facebook: https://ift.tt/VLT3FWf Follow MSNBC on Twitter: https://ift.tt/2WxEwhA Follow MSNBC on Instagram: https://ift.tt/UvKbwDL Rep. Josh Harder: Regulators were 'asleep at the wheel,' should have seen SVB collapse coming #SiliconValleyBank #Economy #Business

View on YouTube