Senate to Hear Testimonies from Former Execs of Failed Banks and Regulators.

Former top executives of failed banks SVB and Signature Bank will testify before the Senate Banking Committee on May 16. The hearing will mark the first time any of the men has spoken in public about the bank failures that rocked U.S. financial markets. The former bank executives can expect a grilling from senators on both sides of the aisle. In a separate hearing on May 18, the committee will hear from top federal bank regulators, including Michael Barr, Martin Gruenberg, Michael Hsu, and Todd Harper.