Jon Tester actually said...

It is also clear that the regulators were not dropping the hammer on these banks, and the executives, or the boards, even when the problems ...

The regulators had the ability to stop this from happening. They did not drop the hammer.

The regulators had the ability to stop this from happening. They did not drop the hammer.

It is clear that the management at these banks made poor decisions. They ignored risk factors that ultimately resulted in failure.