"House Committee Holds First Hearing on Recent Bank Failures and Fallout"
TL;DR Summary
The House Financial Services Committee will hold a bipartisan hearing with federal financial regulators on March 29, 2023, in response to the failures of Silicon Valley Bank and Signature Bank. The Committee aims to understand why and how these banks failed and will conduct the hearing without fear or favor to deliver answers to the American people and protect depositors, promote the safety and soundness of America’s banks, and strengthen the financial system.
Topics:business#banking-failures#federal-financial-regulators#finance#house-financial-services-committee#signature-bank#silicon-valley-bank
- McHenry, Waters Announce First Hearing on Silicon Valley Bank and Signature Bank Failures | Financial Services Committee House Financial Services Committee
- House committee calls Fed, FDIC officials to testify in its first hearing on bank failures CNBC
- Fed, FDIC officials to testify on recent bank failures before House committee March 29 Yahoo Finance
- House Financial Services Committee schedules first hearing on collapse of SVB, Signature Bank The Hill
- Silicon Valley Bank fallout and worries over banking sector may prompt credit-card issuers to further tighten lending standards MarketWatch
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