Elizabeth Warren actually said...

SVB, Signature Bank, and First Republic all lobbied Congress to weaken the guardrails, preventing them from making risky bets with depositor...

Congress needs to put in place tough rules that make sure that executives pay up when their actions lead directly to a bank failure.

So in its postmortem of the Silicon Valley Bank collapse, the Fed found that legislation passed out of this Committee in 2018, led to weaken...

The lessons, I think, are clear. Regulators need to strengthen bank oversight, and Congress must reinstate stronger rules.