Capitol Account

Capitol Account

Bowman's External Review of SVB Collapse Roils Fed

Also, SEC adds more than a dozen items to rulemaking agenda; president rings the NYSE and Nasdaq bells to mark Trump Accounts; new jobs at OCC and SEC

Jul 06, 2026
∙ Paid

When Vice Chair for Supervision Michelle Bowman launched her long-sought independent review of Silicon Valley Bank’s failure earlier this year, the Fed insisted the effort was not about “assigning blame.” But the assurance has provided scant comfort inside the building.

Instead, the investigation has roiled officials up to the highest levels, who sources…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2026 Capitol Account · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture