Join Washington Post reporters as top financial regulators testify before the Senate Banking Committee about recent bank failures, including the collapse of Silicon Valley Bank, and the federal response.
Witnesses will include Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (FDIC), Michael Barr, vice chairman of the Federal Reserve and Nellie Liang, undersecretary for Domestic Finance at the.S. Treasury Department.
Senators are expected to grill regulators about what caused the second largest bank failure in U.S. history and whether federal agencies missed key warning signs — or failed to act on them. The hearing comes amid a fraught financial landscape: days after the Federal Reserve hiked interest rates for the ninth time since March of 2022 and among heightened concerns about more economic turbulence ahead.
Rhonda Colvin will anchor live coverage, with analysis from James Hohmann and Heather Long. Read more: https://wapo.st/3JMwdGV. Subscribe to The Washington Post on YouTube: https://wapo.st/2QOdcqK
Дата на публикация: 29 март, 2023