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Banking Committee Republicans Probe Federal Reserve Supervision of SVB
March 25, 2023
WASHINGTON, March 25 -- Sen. Tim Scott, R-South Carolina, ranking member of the Senate Banking, Housing and Urban Affairs Committee, issued the following news release:

Banking Committee Republicans, led by Ranking Member Tim Scott (R-S.C.), are demanding answers and seeking records from the Federal Reserve Board of Governors and the Federal Reserve Bank of San Francisco regarding their supervision of Silicon Valley Bank (SVB) in the leadup to its failure. The Republican members of t . . .

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