House lawmakers tear into top bank regulators in second hearing this week on SVB collapse

House lawmakers tear into top bank regulators in second hearing this week on SVB collapse

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House lawmakers tore into top U.S. bank regulators Wednesday, questioning their competency and saying examiners were asleep at the wheel, at a second day of congressional hearings this week about how Silicon Valley Bank and Signature Bank collapsed practically overnight on March 10 and March 12.…

#siliconvalleybank #signaturebank #patrickmchenry #federalreserve #treasury #fdic #maxinewaters #svb #mchenry #bradsherman

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