Mark Warner actually said...

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

"I think this was a disaster that could have been avoided, on Silicon Valley Bank in particular."

"I do know, and I appreciate the fact that we need to move on some of this legislation."

"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."