What happened from a regulatory perspective is pretty straightforward; in 2018 large regional banks like SVB successfully lobbied for a partial Dodd-Frank exemp

What happened from a regulatory perspective is pretty straightforward; in 2018 large regional banks like SVB successfully lobbied for a partial Dodd-Frank exemption. (https://www.npr.org/sections/thetwo-way/2018/05/22/613390275/congress-to-undo-part-of-dodd-frank-easing-rules-for-mid-sized-smaller-banks https://www.npr.org/sections/thetwo-way/2018/05/22/613390275...)