In testimony on Capitol Hill Wednesday, federal banking regulators emphasized plans to investigate what went wrong on the government side in the failure of SVB.
Read More...
Federal banking regulators, in their second day of testimony on Capitol Hill on Wednesday, emphasized their plans to investigate what went wrong on the government side in the failure of Silicon Valley Bank earlier in March.
Members of the House Financial Services Services Committee met with key officials from the U.S. Federal Reserve, the Federal Deposit Insurance Corp. and the Treasury Department and embarked on two broad lines of questioning, depending on their political party.
Republican…