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Yeah, but FDIC considers SVB to be a non-bank financial company.

SVB itself is a FDIC bank company, SVFG (Silicon Valley Financial Group) is the non-FDIC portion of the company.

What was it back in 2014 when Yellen of FRB exempted them?

And if my aunt had wheels, she’d be a tea cart. What does that have to do with anything?