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Mike Rounds actually said...

The fundamental fact is, you know, the firm failed because of its interest rate risk and its liquidity risk.

Context

Rounds highlights the reasons for the bank's failure related to risk management.

03/28/2023

https://www.congress.gov...

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View All Mike Rounds Quotes

Mike  Rounds
in office

usa, South Dakota

730 Quotes

Born10/24/1954 (age 70)

PartyRepublican

  • United States Senator

    1/6/2015 - present
  • Governor

    1/7/2003 - 1/11/2011
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