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Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse

By Dorian Batycka at 2024-12-28 20:50

Sentiment: Negative

In a closely watched Senate hearing held on Mar 28, regarding the collapse of crypto-friendly banks Silicon Valley Bank (SVB) and Signature Bank, William Barr, a top official at the US Federal Reserve, acknowledged the potential benefits of testing for higher rates and expressed his plans to broaden the scope of future tests. The post Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse appeared first on CryptoSlate. Continue reading...

Categories: Featured

Tags: #Featured #Regulation

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