Mark Warner actually said...

"The number of notices that the regulators had the bank management had that things were going awry and the fact that nobody acted on those is extraordinarily problematic."

"The enforcement actions that are currently at regulators' disposal do not take into account oversight responsibilities..."

"Would the absence, in the case of Silicon Valley Bank, of not having a chief risk officer for 8 months... would that have not been a board responsibility to hold management accountable?"

"I think we always knew it was a huge issue, but in a post-COVID world, I do not know any family, including mine, that does not have some challenges around mental health."