SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions

SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions

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Federal regulators faced more than two hours of intense questioning from lawmakers on Tuesday about what caused the failures of Silicon Valley Bank and Signature Bank, the red flags that went unheeded and the steps that must be taken to avoid future collapses that could rattle the United States…

#democrats #republicans #federalreserve #treasurydepartment #michaelsbarr #federalreserves #martingruenberg #nellieliang #treasury #siliconvalleybank

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