Committee Republicans Probe Regulators on Their Activity Surrounding Recent Bank Failures, Demand Accountability for Lack of Transparency
March 30, 2023
March 30, 2023
WASHINGTON, March 30 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release:
The House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), held its first bipartisan hearing to examine the recent failures of Silicon Valley Bank and Signature Bank. At the hearing, Republicans demanded answers from the U.S. Treasury Department, Federal Reserve Board, and Federal Deposit Insurance Corporation . . .
The House Financial Services Committee, led by Chairman Patrick McHenry (NC-10), held its first bipartisan hearing to examine the recent failures of Silicon Valley Bank and Signature Bank. At the hearing, Republicans demanded answers from the U.S. Treasury Department, Federal Reserve Board, and Federal Deposit Insurance Corporation . . .