More from the editorial: "McHenry appears unwilling to acknowledge the threat exposed by the bank failures. He described Silicon Valley Bank's collapse as "the first Twitter-fueled bank run," as if it were some kind of flash mob action by depositors that would pass as quickly as it arose. But these failures are hardly a quirk. They were evidence of how the financial industry is forever pushing the limits of risk in pursuit of profits. The protection for consumers lies in strong regulation and vigilant regulators. After this scare, we hope the leader of the House Financial Services Committee will realize that his obligation is to protect depositors rather than reflexively oppose regulations."