Senate Banking Committee announces hearing in Silicon Valley Bank collapse

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Senate Banking Committee announces hearing in Silicon Valley Bank collapse
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Senate Banking Committee Chairman Sherrod Brown on Tuesday said lawmakers will hold a hearing next week on the collapse of Silicon Valley Bank.

Brex co-CEO and founder Henrique Dubugras explains why he moved $200M in corporate funds to SVB after the collapse on 'The Claman Countdown.'

The Senate Committee on Banking, Housing and Urban Affairs will hold a hearing next week on the collapse ofSenate Banking Committee Chairman Sherrod Brown on Tuesday announced the first of what are expected to beFILE: Senate Banking Committee Chairman Sherrod Brown, D-Ohio, takes questions from reporters outside the chamber during votes, at the Capitol in Washington, March 15, 2023., Sen.

"The American public deserves answers, which is why I am calling on our financial regulators to testify before the Banking and Housing Committee at a hearing on March 28," Brown said. "My job is oversight, and we need to begin these hearings to understand these bank failures and next steps to make sure this never happens again.

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