03/28/2023
https://www.congress.gov...
"it is my position that we either are not using the right sanctions, or we are not enforcing them to the level that we can, and either one is unacceptable."
"I believe that recent reports from the Federal Reserve, FDIC, and GAO even further spotlight these failures."
"I am proud of the work our regional banks, community banks, and our credit unions have continued to play to instill confidence in Alabama."
"It is clear that there were significant mismanagement and risk controls at both Silicon Valley Bank and Signature that just went awry."