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The Senate Banking Committee indicated Tuesday that it will hold a hearing May 16 with Silicon Valley Bank's former CEO, Gregory Becker, as well as Signature Bank's former chairman and co-founder, Scott Shay, and its former president, Eric Howell.
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The U.S. Senate Banking Committee said on Tuesday it would hear from former top officials at the failed Silicon Valley Bank and Signature Bank, as well as top U.S. banking regulators at separate hearings later this month.
The former top executives of two failed banks will testify before Congress this month
Gregory Becker, who led SVB from 2011 until its collapse in March, is scheduled to testify on May 16. Scott Shay and Eric Howell, the former chair and president of Signature Bank, which also failed in March, are to appear the same day, the committee said in a press release late Tuesday.
WASHINGTON (AP) — The former top executives of two failed banks will testify before Congress this month as lawmakers dig into what caused a series of collapses at mid-sized financial