Lawmakers hold hearings on bank failures to restore confidence in U.S. banking sector.

The collapse of Silicon Valley Bank (SVB) has brought attention to the risks of the "age of easy money" and the need for tighter regulation. The House Financial Services Committee will hold a hearing on the matter, with experts calling for increased scrutiny of banks and the potential for more failures. Former Fed official, Kevin Warsh, argues that the Fed should continue to raise interest rates to prevent future financial crises.