Tag: Senate Committee on Banking

What Businesses Can Learn from Antony Blinken’s China Trip

The secretary of state’s talks with Xi Jinping raised hopes that the world’s two biggest economies might stabilize relations, but the big challenges were not resolved.

Former SVB CEO Tells Senate He Is ‘Truly Sorry’ for Collapse but Deflects Blame

Senators derided Gregory Becker at a hearing about the failure of his bank. “It sounds a lot like ‘my dog ate my homework’,” one said.

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.

Debt Default Would Cripple U.S. Economy, New Analysis Warns

As President Biden prepares to release his latest budget proposal, a top economist will warn lawmakers that Republicans’ refusal to raise the nation’s borrowing cap could put millions out of work.