Press Release
Comer & McClain Seek Additional Information from Fed Board on Silicon Valley Bank Failure
WASHNGTON—House Committee on Oversight and Accountability Chairman James Comer (R-Ky.) and Subcommittee on Health Care and Financial Services Chairwoman Lisa McClain (R-Mich.) are seeking additional information from Jerome Powell, Chairman of the Federal Reserve Board (Fed Board), on the collapse of Silicon Valley Bank (SVB). In a letter sent today, the lawmakers highlight that the San Francisco Federal Reserve Bank (SF Fed) has failed to produce documents that satisfy the Committee’s ...