Crapo Questions Treasury Secretary On Silicon Valley Bank Failure
March 18, 2023
March 18, 2023
WASHINGTON, March 18 -- Sen. Mike Crapo, R-Idaho, issued the following news release:
At a U.S. Senate Finance Committee hearing on President Biden's Fiscal Year (FY) 2024 budget, Ranking Member Mike Crapo (R-Idaho) questioned U.S. Treasury Secretary Janet Yellen on elements of the true cause of this week's Silicon Valley Bank (SVB) failure, noting issues with inflation and reports that Federal Deposit Insurance Corporation (FDIC) board members slow-walked decisions that would have b . . .
At a U.S. Senate Finance Committee hearing on President Biden's Fiscal Year (FY) 2024 budget, Ranking Member Mike Crapo (R-Idaho) questioned U.S. Treasury Secretary Janet Yellen on elements of the true cause of this week's Silicon Valley Bank (SVB) failure, noting issues with inflation and reports that Federal Deposit Insurance Corporation (FDIC) board members slow-walked decisions that would have b . . .