The Economic Growth, Regulatory Relief, and Consumer Protection Act [1] which was introduced in 2018 "increase the asset threshold at which certain enhanced prudential standards shall apply, from $50 billion to $250 billion".
Apparently SVB had assets of ~$220 billion in 2022 [2].
Apparently SVB had assets of ~$220 billion in 2022 [2].
[1] https://www.congress.gov/bill/115th-congress/senate-bill/215...
[2] https://fortune.com/2023/03/11/silicon-valley-bank-svb-ceo-g...