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.
Category: Senate Committee on Banking
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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.
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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.