09/18/2023
https://congress.gov...
"I think the common theme today was, you know, we are in a strategic competition with China."
"By empowering people and connecting them with employers, we are setting up our constituents and communities to be successful."
"At the time of its failure, Silicon Valley Bank was the 16th-largest bank in the United States."
"Unfortunately, with our economy facing inflation not seen in decades, and increasing interest rates, supervisory missteps... failed to correct and mitigate SVB's rapid growth."