Bank collapses show regulation is needed

WELLESLEY, MA - March 10: FDIC closes Silicon Valley Bank on March 10, 2023 in Wellesley, Massachusetts (Staff Photo By Matt Stone/MediaNews Group/Boston Herald)

New York Daily News The following editorial was written by the Editorial Board of the New York Daily News:

After Friday’s collapse of Silicon Valley Bank, big bankers are again looking to Washington with outstretched hands. We should be skeptical.

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