{"id":33976,"date":"2023-06-01T18:09:44","date_gmt":"2023-06-02T01:09:44","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=33976"},"modified":"2023-06-01T18:09:44","modified_gmt":"2023-06-02T01:09:44","slug":"the-truth-behind-years-of-secret-deals-to-weaken-bank-regulations","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/the-truth-behind-years-of-secret-deals-to-weaken-bank-regulations\/","title":{"rendered":"The Truth Behind Years of Secret Deals to Weaken Bank Regulations!"},"content":{"rendered":"<p>There are two sets of rules. One for them. One for us. And as George Carlin used to say, it&#8217;s a big club, and you ain&#8217;t in it. But if you have enough money and I guess you can pretty much buy anything that you want and then everybody else will just have to deal with the consequences, don&#8217;t we? So we&#8217;ve now had five key banks fail.Who is going to be the next one.<\/p>\n<p><strong>CHAPTERS:<\/strong><\/p>\n<p>0:00 Intro<br \/>\n1:31 SVB Lobbied Congress<br \/>\n4:27 US Banks Ramp Up Lobbying<br \/>\n5:55 Steering Examiners Away<br \/>\n8:18 Important Bank Lobbying<br \/>\n13:00 Fed Seeks Stronger Bank Rules<br \/>\n14:44 Wrap Up<\/p>\n<p><strong>SLIDES FROM VIDEO:<\/strong><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-33978\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide1.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide1.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide1-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide1-624x468.jpg 624w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-33979\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide2.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide2.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide2-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide2-624x468.jpg 624w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-33980\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide3.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide3.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide3-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide3-624x468.jpg 624w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide4.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-33981\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide4.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide4.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide4-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide4-624x468.jpg 624w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide5.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-33982\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide5.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide5.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide5-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide5-624x468.jpg 624w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide6.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-33983\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide6.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide6.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide6-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide6-624x468.jpg 624w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><a href=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide7.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-33984\" src=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide7.jpg\" alt=\"\" width=\"625\" height=\"469\" srcset=\"https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide7.jpg 720w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide7-300x225.jpg 300w, https:\/\/www.itmtrading.com\/blog\/wp-content\/uploads\/2023\/06\/Slide7-624x468.jpg 624w\" sizes=\"auto, (max-width: 625px) 100vw, 625px\" \/><\/a><\/p>\n<p><strong>SOURCES: <\/strong><\/p>\n<p><a href=\"https:\/\/www.usatoday.com\/story\/news\/politics\/2023\/04\/13\/svb-lobbying-bank-regulations\/11555491002\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.usatoday.com\/story\/news\/politics\/2023\/04\/13\/svb-lobbying-bank-regulations\/11555491002\/<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-21\/as-svb-signature-collapsed-banks-increased-lobbying-by-almost-20?sref=rWFqAg1Y\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bloomberg.com\/news\/articles\/2023-04-21\/as-svb-signature-collapsed-banks-increased-lobbying-by-almost-20?sref=rWFqAg1Y<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-27\/fed-bosses-steered-examiners-away-from-probing-problems-like-svb?sref=rWFqAg1Y\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bloomberg.com\/news\/articles\/2023-04-27\/fed-bosses-steered-examiners-away-from-probing-problems-like-svb?sref=rWFqAg1Y<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-21\/as-svb-signature-collapsed-banks-increased-lobbying-by-almost-20?sref=rWFqAg1Y\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bloomberg.com\/news\/articles\/2023-04-21\/as-svb-signature-collapsed-banks-increased-lobbying-by-almost-20?sref=rWFqAg1Y<\/a><\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-04-28\/fed-seeks-sweeping-changes-to-bank-rules-in-aftermath-of-svb?sref=rWFqAg1Y\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bloomberg.com\/news\/articles\/2023-04-28\/fed-seeks-sweeping-changes-to-bank-rules-in-aftermath-of-svb?sref=rWFqAg1Y<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are two sets of rules. One for them. One for us. And as George Carlin used to say, it&#8217;s a [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":33977,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1713],"tags":[59,98,114,301,408,1328,1743,1932,2597,2599],"class_list":["post-33976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-peek-beneath-the-skin-of-the-markets","tag-gold-2","tag-physical-gold","tag-silver-2","tag-economy-2","tag-fed","tag-banks","tag-collapse","tag-coins","tag-svb","tag-silicon-valley-bank"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/33976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=33976"}],"version-history":[{"count":1,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/33976\/revisions"}],"predecessor-version":[{"id":33985,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/33976\/revisions\/33985"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/33977"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=33976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=33976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=33976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}