Banking hearings next week, Fed acts +25bps

Both the Senate Banking Committee and the House Financial Services Committee have announced hearings on the banking troubles which were started with the collapse of Silicon Valley Bank (SVB).  The Senate kicks off the sessions next Tuesday, March 28, and the House is the next day.

Both hearings are currently scheduled to have the same panel of witnesses: Martin Gruenberg, Chair of the FDIC, Michael Barr, Fed Vice Chair for Supervision, and Nellie Liang, Under Secretary of Treasury for D...

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