Members of Congress Urge U.S. Financial Regulators and Treasury Department to Act Swiftly After Silicon Valley Bank Collapse
March 14, 2023
March 14, 2023
WASHINGTON, March 14 -- Rep. Josh Gottheimer, D-New Jersey, issued the following news release and letter on March 12, 2023:
A group of Members of Congress wrote to Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell, FDIC Chair Martin J. Gruenberg, and Acting Comptroller of the Currency Michael J. Hsu, urging immediate action to protect depositors and prevent runs on banks following the Silicon Valley Bank collapse.
The bipartisan group of Members recom . . .
A group of Members of Congress wrote to Treasury Secretary Janet Yellen, Federal Reserve Chair Jerome Powell, FDIC Chair Martin J. Gruenberg, and Acting Comptroller of the Currency Michael J. Hsu, urging immediate action to protect depositors and prevent runs on banks following the Silicon Valley Bank collapse.
The bipartisan group of Members recom . . .