Federal regulators are back on Capitol Hill to explain the banking crisis

Federal regulators are back on Capitol Hill to explain the banking crisis

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Here are some of the key issues that arose from the Tuesday’s hearing: New details that emerged underscored the enormity of the bank run at SVB as it became the second-largest bank failure in American history. Panicked customers attempted to withdraw a staggering $100 billion from Silicon Valley…

#svb #panicked #siliconvalleybank #michaelbarr #federalreserve #elizabethwarren #massachusetts #josephdepaolo #signaturebank #fdic

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