Senate Banking Committee Chairman Brown Issues Opening Statement at Hearing on Silicon Valley Bank, Signature Bank
May 31, 2023
May 31, 2023
WASHINGTON, May 31 -- Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following opening statement at a hearing on May 16, 2023, entitled "Examining the Failures of Silicon Valley Bank and Signature Bank":
* * *
In the days after the run on Silicon Valley Bank, when it was closed by the California banking regulators and taken over by the FDIC, many in Washington and New York and California asked--how d . . .
* * *
In the days after the run on Silicon Valley Bank, when it was closed by the California banking regulators and taken over by the FDIC, many in Washington and New York and California asked--how d . . .