Trump Blamed for Gutting Financial Rules After Silicon Valley Bank Collapse: A Closer Look

Seth takes a closer look at the Biden administration trying to stem the fallout from the sudden collapse of Silicon Valley Bank, which has put a spotlight on efforts by the Trump administration to weaken financial rules that could have prevented the crisis.


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Trump Blamed for Gutting Financial Rules After Silicon Valley Bank Collapse: A Closer Look - Late Night with Seth Meyers

Late Night with Seth Meyers

[DDanV]

"we expect to... be cutting a lot out of Dodd Frank, because, frankly, I have so many people, *friends of mine* that have nice businesses, that can't borrow money, they just can't get any money *because the banks just won't let them borrow, because of rules and regulations"*

How the hell is he able to say such a thing and not be under investigation?!

[benjaminvonstein]

“Frankenstein…’s monster”

I’m so proud of you Correction’s Guy 😢

[DyslexicAnaboko]

Banks: Pfft we don't need no stinking Dodd-Frank.

Also banks: Oh no! How did this happen?

[jerseygill]

As someone who avidly watches Corrections, the Frankenstein's monster line made me laugh out loud. Thank you, writers and

[wyskass]

Good laugh from Seth reluctantly hedging the "Frankenstein" "'s monster" to avoid having a whole thing about it on Corrections. LOL

[TheRealLeesyKate]

Seth narrowly avoiding a Frankenstein fuelled jackal pile on gives me LIFE

[querent]

Bernie and Elizabeth are 2 of only a few who look out for the American working man no matter race or creed. I wish we had more like them. They stand up for what they believe in.

[victorflint]

I'm so sick of these billionaires getting bailed out for their lazy financial maintenance. They deposited ridiculous amounts in one bank KNOWING that it isn't protected passed 250k, but then never face the repercussions that the middle/lower class would have to face in the same situation

[surlyguvna]

I love how almost NONE of the major networks mentioned they paid out huge bonuses... literally 24 hrs before the bank went bust!!!

[andrewdiamond]

For every policy disaster, there is a video of Sen. Bernie Sanders warning us of what will happen. Sen. Bernie Sanders tells the truth about the future maybe even more than The Simpsons does.

[melorafoy]

My ex boss was Canadian. He said during the 2008 crisis Canadians banks stayed more solvent than American banks. Because Canada had laws that required banks to keep a higher percentage of their assets in liquid form.

[hersdera]

The banking situation is a reminder that Fed hikes are having an effect, even if the economy has held up so far, ” It’s precisely at times like these that investors need to be on guard against the next certainty. First SVB, then signature bank and now first republic bank, these are all the signs of yet another 2008 market crash 2.0

[FlyingGuillotine]

“Colonel Ketchup” just wrecked me 😂😂😂😂😂😂

[jamiegasbarro]

Appreciate how you always are supporting Bernie and showcasing how he usually warns us and we refuse to listen!!

[parkermae]

"SOME FLUFFY BIG BOIS" words I never thought to expect from Seth but so glad we now have this soundbite

[darwinjurado]

I really like Seth's personification of politics, actors, etc. Awesome show!

[kbolling]

He also gutted the train regulations that affected the train incident in Ohio. But he is now spinning and trying to profit off it

[shermanculbertson]

I have no idea how I would’ve gotten through the last few totally crazy years without Seth. Thanks Seth for always making me laugh and smile Seth. You’re the best.

[benjo_]

Important distinction that hopefully will end up in "corrections".... This time, the bank is NOT being bailed out by the government. The Treasury department is reimbursing the bank customers. That is not the same thing as a bailout. When the government bails out the banks, it gives the money to the bankers and investors so they don't go belly-up

[stephaniewayward]

Seth Meyers & Company, you are absolutely the best Late Night ever ❤ Thank u, and please don't ever stop ❤💯