FinanceU.S. regulators have tools to handle banking turmoil: ex-comptroller
Fed response to SVB collapse bogged down by legal restrictions, Eugene Ludwig says
The collapse of Silicon Valley Bank has fueled turmoil among U.S. regional banks. © Reuters
YUMIKO OSHIMA and MOMOE BAN, Nikkei staff writers
NEW YORK -- As the string of U.S. regional bank failures in recent months spurs talk in Congress about tougher regulation, former Comptroller of the Currency Eugene Ludwig argues that regulators "have more than enough authority" to handle the problem.