"House Committee Holds First Hearing on Recent Bank Failures and Fallout"
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.