Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse

Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse

Upworthy

Published

In a closely watched Senate hearing held on Mar 28, regarding the collapse of crypto-friendly banks Silicon Valley Bank (SVB) and Signature Bank, William Barr, a top official at the US Federal Reserve, acknowledged the potential benefits of testing for higher rates and expressed his plans to…

#siliconvalleybank #signaturebank #williambarr #usfederalreserve #svb #martingruenberg #fdic #georgia #doddfrank #wisconsin

Full Article