Matthew Yglesias

@mattyglesias ↗

Deleted No

Hibernated No

Last Checked March 14, 2023

Created

Sun Mar 12 19:41:01 +0000 2023

Likes

569

Retweets

Source

Twitter for iPhone

View Raw Data

JSON Data

View on Twitter

Likely Available

Matthew Yglesias @mattyglesias

I’m not saying that this is a good outcome — I wrote at the time that it was bad — but it’s just wildly misconstruing things to see the regional banks as victims of the big bad regulators. As for their uninsured customers I have somewhat mixed feelings. — PolitiTweet.org

Posted March 12, 2023

Preceded By

Matthew Yglesias @mattyglesias

Again, this is the outcome the large regional banks lobbied for. They fought for it in congress. They fought in the trenches of the FDIC and the Fed. They got the backing of the Trump administration. They fought like hell and they won. — PolitiTweet.org

The Fed may or may not realize it but it has created a two-tier banking system: 1. Tier 1: Systemically Important… https://t.co/RFTF9kjeUS

Posted March 12, 2023

Followed By

Matthew Yglesias @mattyglesias

As for “why doesn’t Janet Yellen conjure up a nationwide unlimited deposit insurance scheme with no money or legal authority?” well that sort of answers itself. — PolitiTweet.org

Posted March 12, 2023