House Financial Services Committee Chair McHenry Issues Statement on Regulator Actions Regarding First Republic Bank
May 02, 2023
May 02, 2023
WASHINGTON, May 2 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following statement on May 1, 2023:
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House Financial Services Committee Chairman Patrick McHenry (NC-10) issued the following statement after the Federal Deposit Insurance Corporation (FDIC) announced actions to place First Republic Bank into receivership and the assumption of First Republic's assets and deposits by JP Morgan Chase Ban . . .
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House Financial Services Committee Chairman Patrick McHenry (NC-10) issued the following statement after the Federal Deposit Insurance Corporation (FDIC) announced actions to place First Republic Bank into receivership and the assumption of First Republic's assets and deposits by JP Morgan Chase Ban . . .