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Tom Hoenig discusses SVB on CNBC

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Tom Hoenig discusses SVB on CNBC

Tom Hoenig appeared on CNBC’s Squawk on the Street earlier today and talked about the FDIC’s decision to backstop SVB depositors.

Thomas Hoenig
Mar 13, 2023
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Squawk on the Street @SquawkStreet
Will the FDIC's decision to backstop $SIVB depositors weaken market discipline moving forward? @tom_hoenig thinks so, saying the agency has set the expectation that it will assist other regional banks suffering similar distress moving forward.
4:23 PM ∙ Mar 13, 2023
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