SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions Senators sharply questioned federal regulators about shortcomings in oversight after two bank failures rattled the financial system. Regulators put the blame on the banks’ management.
Silicon Valley Bank’s Risks Went Deep. Congress Wants to Know Why. Lapses at the bank will be a focus as a top Federal Reserve official testifies to House and Senate committees this week.