Tillis, Sinema Lead Bipartisan Group Of Senators Questioning The Federal Reserve On Its Oversight Of Silicon Valley Bank
March 18, 2023
March 18, 2023
WASHINGTON, March 18 -- Sen. Thom Tillis, R-North Carolina, issued the following news release and letter:
U.S. Senators Thom Tillis (R-NC) and Kyrsten Sinema (I-AZ) led a bipartisan group of senators in questioning the Federal Reserve about clear warning signs - including bank leadership's clear failure to appropriately manage customer deposits - it missed as part of its responsibilities to conduct oversight and examinations ahead of Silicon Valley Bank's collapse.
The . . .
U.S. Senators Thom Tillis (R-NC) and Kyrsten Sinema (I-AZ) led a bipartisan group of senators in questioning the Federal Reserve about clear warning signs - including bank leadership's clear failure to appropriately manage customer deposits - it missed as part of its responsibilities to conduct oversight and examinations ahead of Silicon Valley Bank's collapse.
The . . .