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Facade of the Federal Hall Wall Street

Potential changes include greater capital requirements and more aggressive regulatory supervision

U.S. flag

The downgrade was slight, but consumer spending was down sharply

Federal Reserve Building is the headquarter of the Federal Reserve System and 12 Federal Reserve Banks, Washington DC, USA

Bank failures led to the largest growth in non-deposit borrowing on record

Facade of the Federal Hall Wall Street

Treasury Secretary said more rescue efforts could be necessary to prevent contagion

Securities and Exchange trending up

Outflows from foreign securities hit $16.2 billion in January, StatsCan reported

wall street, new york city

The California-based bank serves a similar clientele as did failed Silicon Valley Bank

Man refuel his car on gas station

The legislation offers about $375 billion in tax credits to help the U.S. clean energy industry

Banks

SVB was the 16th largest bank in the U.S., holding $210 billion in assets

Bridge to Canada Sign

The taxpayer's penalty for filing foreign account forms late was reduced to $50,000 from $2.72 million

Magnifying glass highlighting investment stock quotes in business section of newspaper.

The tech sector is driving the increase