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Menendez, Rounds Lead Bipartisan Group Of Senate Banking Colleagues In Pressing Chair Powell On The Fed's Use Of Enhanced Supervision And Prudential Standards For Silicon Valley Bank
March 29, 2023
WASHINGTON, March 29 -- Sen. Robert Menendez, D-New Jersey, issued the following news release on March 28, 2023, and letter:

U.S. Senators Bob Menendez (D-N.J.) and Mike Rounds (R-S.Dak.) were joined by Sens. Catherine Cortez Masto (D-Nev.), Thom Tillis (R-N.C.) and Cynthia Lummis (R-Wyo.), all members of the Senate Committee on Banking, Housing and Urban Development, in pressing the U.S. Federal Reserve on whether it used its authority to apply enhanced supervision and prudential s . . .

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