mosaec

Regulators Rebut Claims by Silicon Valley Bank’s Ex-C.E.O.

Banking and Financial Institutions Becker, Gregory W Regulation and Deregulation of Industry Senate Committee on Banking Silicon Valley Bank

Regulators Rebut Claims by Silicon Valley Bank’s Ex-C.E.O.

The bank had not fixed its problems before it failed, they said. Its leader was not excluded from the sale process.

By Emily Flitter and Alan Rappeport

SVB’s Ex-C.E.O. Becker Deflects Blame for Collapse

Banking and Financial Institutions Credit and Debt Federal Reserve System Government Bonds Politics and Government Regulation and Deregulation of Industry Senate Committee on Banking Signature Bank Silicon Valley Bank

SVB’s Ex-C.E.O. Becker Deflects Blame for Collapse

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.

By Rob Copeland

Silicon Valley Bank’s Risks Went Deep. Congress Wants to Know Why.

Banking and Financial Institutions Barr, Michael S Federal Reserve System Gruenberg, Martin J House Financial Services Committee Liang, Nellie Regulation and Deregulation of Industry Senate Committee on Banking Silicon Valley Bank

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.

By Jeanna Smialek

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

Economic Conditions and Trends Federal Budget (US) House of Representatives Labor and Jobs Moody's Corporation National Debt (US) Recession and Depression Republican Party Senate Committee on Banking United States Economy United States Politics and Government

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.

By Jim Tankersley