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Senators Ask Powell If Fed Used Full Powers to Supervise SVB

Summary by Bloomberg
A bipartisan group of senators has sent a letter to Federal Reserve Chair Jerome Powell questioning whether the central bank exercised its full legal authority to oversee Silicon Valley Bank and other midsized financial institutions.

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  • 100% of the sources lean Left
100% Left
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Bloomberg broke the news in United States on Tuesday, March 28, 2023.
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