WASHINGTON, May 5 -- Rep. Patrick T. McHenry, R-North Carolina, chairman of the House Financial Services Committee, issued the following news release:

The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:

Financial Institutions and Monetary Policy Subcommittee Hearing Entitled: "Oversight of Silicon Valley Bank and Signature Bank: GAO's Preliminary Review"

Time: 2:00 PM ET