Former US Sen. Pat Toomey (R) Pennsylvania on SVB and Crisis at Credit Suisse

The transcript discusses the role of the Federal Reserve (Fed) in investigating economic issues, particularly in relation to the Silicon Valley Bank (SVB) crisis. It highlights the need for both internal and external investigations, the impact of excessive spending and easy money policies, and the rapid increase in interest rates. The discussion also covers the 2018 bank regulation rollbacks and their relevance to the SVB situation, with differing opinions on the effectiveness of past legislation. The transcript concludes with a critique of interest rate policies and their disruptive economic effects.

What criticisms are made about the stress tests for banks like SVB?

According to the text, what was the impact of the Federal Reserve's interest rate policies?