Mark Warner
The Public Record
Mark Robert Warner is a United States Senator from Virginia, serving since January 3, 2009. A member of the Democratic Party, Warner previously held the office of Governor of Virginia from January 12, 2002, to January 14, 2006. During his tenure in the Senate, he has focused on various issues including technology, healthcare, and economic development. Warner is known for his bipartisan approach and has worked on legislation aimed at improving the economy and supporting small businesses.
I had real questions. Was this a regulatory and bank management failure or was it, as some on my side of the aisle have indicated, was it a statutory failure?
Interest rate mismanagement is Banking 101, and again, even at a $5 billion bank they should have been called out.
I am not sure at that point what regulatory structure could have prevented that.
If this had been not a $200 billion bank but a $5 billion bank that management's mistakes, not having a risk officer, other items, and failure of basic prudential regulation should have caught this.
I think it is an extraordinarily important relation. Most all of us in this committee are concerned about Chinese investment.
I feel very strongly about expanding the Abraham Accords and, particularly, bringing more economic opportunities to Palestinians.
I do think we have had a relatively stable peace agreement with the Ethiopians since November.
The hypocrisy of some who are Libertarian until the stuff hits the fan and then want relief is frankly more than a little repugnant.
Where was the bank management, where were the regulators--both State and Federal--in the case of SVB?
I think the actions you took were bold. You stepped up and shored up the system.
I am of the belief that--echoing what Senator Bennet said--traditional prudential regulation should have caught this.
This conundrum about how you balance fares versus accessibility is a challenge.
The ramifications of the businesses that particularly came out of tech were not just in California.
I am not sure what regulatory standards would have worked when you had $42 billion of capital leave in a single day.
The ongoing war in Ukraine has shown that conventional military capabilities are still important.





