Reed Doesn't Buy Excuses From Failed Bank Executives & Instead Calls for Stronger Oversight of Banking Sector
May 17, 2023
May 17, 2023
WASHINGTON, May 17 -- Sen. Jack Reed, D-Rhode Island, issued the following news release on May 16, 2023:
During a hearing of the Senate Banking, Housing and Urban Affairs Committee, U.S. Senator Jack Reed (D-RI), a senior member of the committee, grilled a trio of executives from a pair of failed banks.
The former heads of Silicon Valley Bank (SVB) and Signature Bank, which both failed earlier this year -- costing the government's deposit insurance fund billions of . . .
During a hearing of the Senate Banking, Housing and Urban Affairs Committee, U.S. Senator Jack Reed (D-RI), a senior member of the committee, grilled a trio of executives from a pair of failed banks.
The former heads of Silicon Valley Bank (SVB) and Signature Bank, which both failed earlier this year -- costing the government's deposit insurance fund billions of . . .