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March 23, 2023- Senior Leadership in Senate Committee on Banking, Housing, and Urban Affairs (Committee) sent letters to Gregory Becker, former CEO of Silicon Valley Bank, and...
Leaders of the Senate's banking committee on Thursday warned former chief executive officers at the failed Silicon Valley Bank and Signature Bank that they expect them to testify before the panel, saying in a letter to each: “you must answer for the bank's downfall.”
Sens. Sherrod Brown and Tim Scott said the former CEOs of the fallen banks should "answer for" their banks' "downfall" in Senate testimony.
Sens. Sherrod Brown and Tim Scott said the former CEOs of the fallen banks should “answer for” their banks’ “downfall” in Senate testimony.
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