Professor Lee Comments on Collapse of Silicon Valley Bank and Signature Bank for McClatchy

Professor Peter Lee recently commented on the collapse of Silicon Valley Bank and Signature Bank for McClatchy. Professor Lee noted that President Biden was adamant that no taxpayer funds would be used to bail out Silicon Valley Bank and Signature Bank. While costs may be passed onto consumers in the form of higher bank fees, this would likely be less than many Republican legislators predicted, particularly in light of the Biden administration’s efforts to crack down on many types of services fees at banks.

Peter Lee teaches and writes in the field of intellectual property law, particularly focusing on patent law, innovation, and technology transfer.