Republicans request Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank
WASHINGTON — The top Republicans on committees that oversee the U.S. financial system sent letters Monday to Federal Reserve Chair…
Fed loans, account guarantees helped stabilize ‘deposit flows’ at regional banks, Treasury official says
WASHINGTON — The record-setting number of emergency loans that were made to banks this week by the Federal Reserve was…
House committee calls Fed, FDIC officials to testify in its first hearing on bank failures
WASHINGTON — The House Financial Services Committee on Friday announced its first hearing on the failures of Silicon Valley Bank…
Biden calls on Congress to tighten laws to claw back executive pay, levy penalties in bank failures
President Joe Biden called on Congress to give regulators more authority to claw back pay and penalize executives at distressed…
Silicon Valley Bank ex-CEO backed Big Tech lobbying groups that targeted Dodd-Frank, sought corporate tax cuts
Before Silicon Valley Bank’s failure, its former CEO Greg Becker backed two tech industry lobbying groups that tried to influence…
Fed poised to approve quarter-point rate hike this week, despite market turmoil
Even with turmoil in the banking industry and uncertainty ahead, the Federal Reserve likely will approve a quarter-percentage-point interest rate…
Treasury Secretary Yellen says not all uninsured deposits will be protected in future bank failures
WASHINGTON — Treasury Secretary Janet Yellen sought to reassure markets and lawmakers on Thursday that the federal government is committed…
Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans
WASHINGTON — Plans announced Sunday to fully reimburse deposits made in the collapsed Silicon Valley Bank and the shuttered Signature…
‘That’s how capitalism works,’ Biden says of SVB, Signature Bank investors who lost money in failed banks
WASHINGTON — President Joe Biden sought to assure customers of Silicon Valley Bank and Signature Bank on Monday that their…
GOP presidential contenders cast blame for Silicon Valley Bank collapse
Former President Donald Trump and other 2024 Republican presidential hopefuls spoke out over the weekend on the failure of Silicon…
