US Bank Failures Under Scrutiny: Problems and Fixes Highlighted.
The Federal Reserve and Federal Deposit Insurance Corporation are set to release reports on the two recent US bank failures, with the speed of the collapses a primary focus. The reports will examine whether regulators could have acted faster to prevent the failures of Silicon Valley Bank and Signature Bank. The supervisory regime at both regulators is under scrutiny from lawmakers on both sides of the aisle who have questioned why bank examiners weren't more aggressive in pursuing fixes at the failed banks.