Published 1 year ago

GOP lawmakers accuse Fed of being lax before bank failure

Summary by Washington Times

Republican lawmakers accused top bank regulators Wednesday of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations would have made a difference.

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The Independent

GOP lawmakers accuse Fed of being lax before bank failure

Republican lawmakers accused top bank regulators of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations would have made a difference

1 year ago·London, United Kingdom

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Associated Press News

GOP lawmakers accuse Fed of being lax before bank failure

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Republican lawmakers accused top bank regulators of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations would have made a difference. Regulators closed the bank March 10, shaking the U.S. financial system and triggering fears of a broader banking crisis. But Federal Reserve supervisors had first raised quest…

1 year ago·Idaho Falls, United States

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Financial Post

GOP lawmakers accuse Fed of being lax before bank failure

WASHINGTON (AP) -- Republican lawmakers accused top bank regulators Wednesday of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations would have made a difference.

1 year ago·Canada

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