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Federal Reserve Acknowledges Lack of Oversight in SVB Collapse

Source Node: https://platodata.network/platowire/federal-reserve-acknowledges-lack-of-oversight-in-svb-collapse/
Time Stamp: March 24, 2023 5:28 AM - Modified On: March 24, 2023 - Published By:
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Republished By Plato

The Federal Reserve has recently acknowledged that it lacked proper oversight in the collapse of Silicon Valley Bank (SVB), a California-based bank that specializes in serving technology and venture capital firms. The collapse of SVB in 2020 was a significant event that sent shockwaves through the financial industry, and the Federal Reserve’s admission of its lack of oversight has raised concerns about the effectiveness of regulatory bodies in preventing similar collapses in the future.SVB was founded in 1983 and quickly became a prominent player in the technology banking sector. The

Biden Administration Imposes New Regulations on Colleges

Source Node: https://zephyrnet.com/bidens-latest-regulatory-overreach-hits-colleges/
Time Stamp: March 12, 2023 6:05 AM - Modified On: March 12, 2023 - Published By:
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Published by Plato

The Biden Administration has recently announced new regulations on colleges and universities across the United States. These regulations are designed to ensure that all students, regardless of their background, have access to a quality education and are treated fairly and equitably. The new regulations focus on three main areas: admissions, financial aid, and campus safety. In terms of admissions, the regulations require that colleges and universities consider a student's academic record, extracurricular activities, and other factors when making admissions decisions. This is intended to ensure that students from all backgrounds

Colleges Face New Regulations Under Biden Administration

Source Node: https://zephyrnet.com/bidens-latest-regulatory-overreach-hits-colleges/
Time Stamp: March 12, 2023 6:05 AM - Modified On: March 12, 2023 - Published By:
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Published by Plato

The Biden Administration has recently announced new regulations that will affect colleges and universities across the country. These regulations are designed to ensure that higher education institutions are providing a quality education to their students and are following fair practices when it comes to admissions, financial aid, and other aspects of college life. The first regulation requires colleges to provide more information to prospective students about their admissions process. This includes providing detailed information on the criteria used to select students, as well as the average GPA and test scores