House members concentrate on want for extra oversight of capital and liquidity after failure of Silicon Valley Bank

Federal banking regulators, of their second day of testimony on Capitol Hill on Wednesday, emphasised their plans to research what went unsuitable on the federal government facet within the failure of Silicon Valley Bank earlier in March.

Members of the House Financial Services Services Committee met with key officers from the U.S. Federal Reserve, the Federal Deposit Insurance Corp. and the Treasury Department and launched into two broad strains of questioning, relying on their political social gathering.

Republican…

Source web site: www.marketwatch.com

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