Wednesday, December 18, 2024

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HomeVideoCongress investigates why bank failures were not prevented despite warning signs

Congress investigates why bank failures were not prevented despite warning signs

Tuesday started two days of hearings about the failure of Silicon Valley Bank and the role of federal regulators both before the bank’s collapse and since then. Lawmakers from both parties criticized top officials and dug into what went wrong. Congressional Correspondent Lisa Desjardins reports.

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