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At Hearing, Tester Questions Why Regulators Failed To 'Drop The Hammer' On Silicon Valley Bank
March 29, 2023
WASHINGTON, March 29 -- Sen. Jon Tester, D-Montana, issued the following news release on March 28, 2023:

Continuing his efforts to ensure bank executives and federal regulators are held accountable for the collapse of Silicon Valley Bank, U.S. Senator Jon Tester today pressed officials on their failure to "drop the hammer" on bank management during a Senate Banking Committee hearing.

Tester demanded that as regulators conduct their review of what led up to the . . .

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