"The truth is that Silicon Valley Bank was crawling with supervisors and regulators who had been raising the alarm for a long time."
"This will require stronger emergency liquidity provisions to banks under attack."
"Former and disgraced President Trump said he would do a, 'big number on Dodd-Frank,' and his appointed regulators did just that."
"Had we followed Congress' direction to include contingent capital in the stacks of U.S. large banks, we would have been able to resolve the SVB without hitting the Deposit Insurance Fund."
"Let me be very, very clear: Silicon Valley Bank collapsed because of management failures and possible regulatory weaknesses, not because there was one Black man on the board."
"if we are really serious about cutting off illicit fentanyl and hitting back at the cartels, then it is critical that President Biden's budget be fully funded."
"why would we then defund the offices that we so badly need to assist us?"
"I am very concerned that we have proposed budget cuts to certain areas at Treasury."
"So, I believe if we are going to save American lives, we need a global strategy to bolster anti-money laundering efforts."
"SEC Chair Gensler has stated that the vast majority of crypto assets are indeed securities."
"I am encouraged to see that our prudential banking regulators are recommending caution."