Steven Kelly

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Senior Research Associate at the Yale Program on Financial Stability @YPFSatYale/@YaleSOM. Financial crises & how to fight them.

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Tweet Mar 11, 2023

A lot of talk over whether SVB "should" get a "bailout," but it's worth outlining that it might not be able to without legislation. Crisis-fighters' authorities were curtailed following 2008. The Fed and Treasury almost certainly can't rescue SVB no

by Steven Kelly

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