I used to be a banker and know a little bit about asset/liability management. It's not Biden's fault. It's not Trump's fault. Bank regulators are generally not very smart people, so expecting them to figure this out in advance is a pipe dream. It's the bank's fault. You don't load up on long term paper when interest rates are low and the Fed has said they are going to raise rates. Especially when you have had unsustainable deposit growth. And yes, a good bit of that deposit growth was due to various kinds of "stimulus", which was done under our past two presidents along with easy money under the Fed under our past two presidents. But a newly minted college graduate in finance knows it is playing with fire to load up on long dated, low yielding securities. But the bank was (like lots of investors at the time) searching for yield and unlike individual investors, couldn't invest in the stock market so they did what they did and this is the consequence. Like many of their private equity clients, Silicon Bank management was arrogant and thought their party would never end. Am not sure how to solve this. More regulation unlikely to make a difference, regulation is always put in to solve the last crisis after it is over. You could regulate banks even more like a utility and ensure they take little risk but that is not good for their clients. And while I never thought I would ever say this, maybe you do have to claw back bonuses from the CFO and CEO, as they were smart enough to know better and send a message to other bank executives that you can't take undue risk on the taxpayers dollar to achieve your bonus targets and drive shareholder return. And to be clear, never mind what Biden said yesterday, the tax payer will ultimately bear the burden if there is a loss from paying out all uninsured deposits. They will charge a big fee to the banks and the banks will raise fees or rates in a way no one can see it and recoup the fee.