: House members focus on need for more capital and liquidity oversight after failure of Silicon Valley Bank

This post was originally published on this site

Federal banking regulators doubled down on plans to investigate what went wrong on the government’s side in the failure of Silicon Valley Bank earlier in March in their second day of testimony on Capitol Hill on Wednesday.

Members of the House Financial Services Services Committee met with key officials at the U.S. Federal Reserve, the Federal Deposit Insurance Corp. and the U.S. Treasury and embarked on two broad lines of questions depending on their political party.

Republican…