
Published by
Reuters
Reuters
By Pete Schroeder (Reuters) -The Federal Reserve is considering tougher rules and oversight for midsize banks similar in size to Silicon Valley Bank, which collapsed suddenly last week, according to a source familiar with the matter. The bank’s collapse set off fears across the financial system, drove an extraordinary government effort to reassure depositors and backstop the system, and set off debate about reversing previous rule easing for regional banks. Now, a review of the $209 billion bank’s failure being conducted by Fed Vice Chair for Supervision Michael Barr could lead to strengthened…