Hearings Point to Regulatory Issues With Banks

While the political world turned its attention late in the week to the indictment of former President Trump, the policy discussion was dominated by the House and Senate hearings on the failure of SVB and other banks, as well as the pending debt-ceiling issue.

Both the Senate Banking Committee and the House Financial Services Committee held hearings this past week, calling representatives from the Fed, FDIC and Treasury to testify.  At both hearings, the Senators and Representatives focu...

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