McHenry, Waters Announce First Hearing on Silicon Valley Bank and Signature Bank Failures
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and the Ranking Member of the House Financial Services Committee, Maxine Waters (CA-43), announced a bipartisan hearing with federal financial regulators in response to the failures of Silicon Valley Bank (SVB) and Signature Bank to be held on March 29, 2023. The Committee will hold additional hearings as appropriate. Witnesses: The Honorable Martin J. Gruenberg, Chairman, Board of Directors of the Federal Deposit Insurance Corporation (FDIC) The Honorable Michael S. Barr, Vice Chair for Supervision, Board of Governors of the ... (full story)
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