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SENATOR VANCE QUESTIONS CFPB DIRECTOR CHOPRA ON REGULATORY FAILURES PRIOR TO SILICON VALLEY BANK COLLAPSE
June 14, 2023
WASHINGTON, June 14 -- Sen. J.D. Vance, R-Ohio, issued the following news release:

Senator JD Vance (R-OH) questioned CFPB Director Chopra during a hearing on the Consumer Financial Protection Bureau's Semi-Annual Report to Congress regarding the regulatory system failures that led to the Silicon Valley Bank Collapse:

Senator Vance: "The Fed is both an over burdensome regulator, but also a very ineffective regulator, that they take up a lot of time and don . . .

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