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Lawmakers focused on supervisory failures Thursday as they continue pressing Federal Reserve Vice Chair Michael S. Barr and other government officials in a Capitol Hill hearing on the U.S. banking industry.
The bank had not fixed its problems before it failed, they said. Its leader was not excluded from the sale process. When asked in a Senate hearing this week…
U.S. Senate holds 3 days of hearings following bank crash-
Roundup: U.S. Senate holds 3 days of hearings following bank crash-
Democratic Sen. John Fetterman's office was slammed for doctoring the lawmaker's congressional transcripts to make him sound more coherent, after he suffered a stroke a year ago.