Senate Banking Committee Chair Brown Issues Statement on First Republic
May 02, 2023
May 02, 2023
WASHINGTON, May 2 -- Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following statement on May 1, 2023:
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U.S. Sen. Sherrod Brown (D-OH) issued the following statement regarding the failure of First Republic Bank.
"First Republic Bank's risky behavior, unique business model, and management failures led to significant problems, and it's clear we need stronger guardrails in place, . . .
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U.S. Sen. Sherrod Brown (D-OH) issued the following statement regarding the failure of First Republic Bank.
"First Republic Bank's risky behavior, unique business model, and management failures led to significant problems, and it's clear we need stronger guardrails in place, . . .