Davis Polk partner and Financial Institutions practice head Margaret Tahyar was quoted in Politico’s “Morning Money” newsletter discussing the Federal Reserve’s new approach to bank oversight.

She noted that “many of the criticisms of the new approach focus on the possibility that supervisors will miss problems. But the Fed already failed to properly address interest rate risk — a banking 101 issue — when it came to SVB.”

“It was a generational fail,” Margaret said. “They missed the biggest material financial risk since the financial crisis.”

The new stance toward supervision is “certainly better,” she added.

“The battle over bank oversight,” Politico (November 24, 2025) (subscription required)

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