Published 1 year ago

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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Senators Ask Powell If Fed Used Full Powers to Supervise SVB

1 year ago·United States

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Senators Ask Powell If Fed Used Full Powers to Supervise SVB

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Senators Ask Powell If Fed Used Full Powers to Supervise SVB

Senators Ask Powell If Fed Used Full Powers to Supervise SVB

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