Sen. Katie Britt grills federal regulators on recent bank failures
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Sen. Katie Britt grills federal regulators on recent bank failures
A Senate panel grilled federal regulators on Tuesday about whether they should have done more to prevent Silicon Valley Bank from collapsing. Sen. Katie Britt, the freshman from Alabama, took part in the Senate Committee on Banking, Housing, and Urban Development hearing, pressing that regulators knew what was going on and should have acted. “Six months prior (to the bank failure), JP Morgan noticed that there was a problem,” Britt told Martin G…
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