Senate Banking Committee Chairman Brown Issues Statement at Hearing on Bank Failures, Federal Regulatory Response
June 08, 2023
June 08, 2023
WASHINGTON, June 8 -- Sen. Sherrod Brown, D-Ohio, chairman of the Senate Banking, Housing and Urban Affairs Committee, issued the following statement at a hearing on March 28, 2023, on the bank failures and federal regulatory response:
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Thanks to the New Deal and the hard work of our regulators today, most bank failures, while never a good thing, are generally not a big deal.
But the quick collapses of Silicon Valley Bank and Signature Bank were no ord . . .
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Thanks to the New Deal and the hard work of our regulators today, most bank failures, while never a good thing, are generally not a big deal.
But the quick collapses of Silicon Valley Bank and Signature Bank were no ord . . .