{"id":1905900,"date":"2023-03-28T09:28:34","date_gmt":"2023-03-28T13:28:34","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-live-top-regulators-testify-before-congress-after-recent-bank-collapses\/"},"modified":"2023-03-28T09:28:49","modified_gmt":"2023-03-28T13:28:49","slug":"watch-live-top-regulators-testify-before-congress-after-recent-bank-collapses","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-live-top-regulators-testify-before-congress-after-recent-bank-collapses\/","title":{"rendered":"WATCH LIVE: Top regulators testify before Congress after recent bank collapses"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwatch-live-top-regulators-testify-before-congress-after-recent-bank-collapses%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1905900&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">              <iframe loading=\"lazy\" width=\"853\" height=\"480\" src=\"https:\/\/www.youtube.com\/embed\/xJDd2VRAtCI\" title=\"WATCH LIVE: Senate panel holds hearing on recent bank failures and the federal response\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe>              <\/div>\n<\/p><\/div>\n<p><span class=\"ArticlePage-articleBody-firstLetter\">T<\/span>op officials and banking regulators are set to appear before the Senate Banking Committee on Tuesday morning to testify about a string of recent banking failures that led to the collapse of Silicon Valley Bank and Signature Bank earlier this month. <\/p>\n<p>The committee will hear from senior officials at the Federal Reserve, Treasury Department, and the Federal Deposit Insurance Corporation as they grill the financial experts on what regulators did \u2014 or didn&#8217;t do \u2014 to prevent the banking failures. The hearing is the first of several as lawmakers seek to determine the cause of the banking failures and consider measures to prevent future shortcomings. <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/news\/senate\/sherrod-brown-presses-federal-government-strengthen-bank-regulations\">SVB COLLAPSE: SHERROD BROWN PRESSES FEDERAL GOVERNMENT TO STRENGTHEN BANKING REGULATIONS<\/a><\/b> <\/p>\n<p>Lawmakers have already begun pressing for answers on the banking failures, with senators on the Finance Committee questioning Treasury Secretary <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/janet-yellen\">Janet Yellen<\/a> on the matter during a separate hearing on her department\u2019s proposed budget for 2024 last week. <\/p>\n<p>Additionally, Sen. Sherrod Brown (D-OH) sent a letter to the Treasury, the Fed, and the FDIC, urging the government agencies to conduct a comprehensive review of the bank\u2019s collapse that led to a strain on the nation\u2019s financial system. As part of that request, Brown pressed the agency to implement stronger banking regulations \u201cto prevent failures and mitigate contagion.\u201d <\/p>\n<p><b><a class=\"Link\" href=\"www.washingtonexaminer.com\" target=\"_blank\" rel=\"noopener\">CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/b> <\/p>\n<p>The hearing comes as lawmakers on both sides of the aisle seek to address the collapse of SVB and Signature Bank, which prompted a frenzy and strain on the national stock market earlier this month. <\/p>\n<p>The panel on Tuesday will include testimony from Michael Barr, the Fed&#8217;s vice chairman for supervision; Nellie Liang; under secretary for domestic finance for the Treasury; and Martin Gruenberg, chairman of the FDIC. The hearing is scheduled to begin at 10 a.m.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Top officials and banking regulators are set to appear before the Senate Banking Committee on Tuesday morning to testify about a string of recent banking failures that led to the collapse of Silicon Valley Bank and Signature Bank earlier this month. The committee will hear from senior officials at the Federal Reserve, Treasury Department, and<\/p>\n","protected":false},"author":1,"featured_media":1905901,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[5373,3961,4402,6146,9830,5308,4516],"class_list":["post-1905900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-bank","tag-collapses","tag-congress","tag-live","tag-regulators","tag-testify","tag-watch"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1905900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1905900"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1905900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1905901"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1905900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1905900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1905900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}