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House Oversight Subcommittee on Health Care Chair McClain: SF Fed Failed to Oversee Silicon Valley Bank Despite Clear Warning Signs
May 25, 2023

WASHINGTON, May 25 -- Rep. Lisa McClain, R-Michigan, chairwoman of the House Oversight and Accountability Subcommittee on Health Care and Financial Services, issued the following news release on May 24, 2023:

Subcommittee on Health Care and Financial Services Chairwoman Lisa McClain (R-Mich.) today opened a hearing titled "A Failure of Supervision: Bank Failures and the San Francisco Federal Reserve" by emphasizing that the San Francisco Federal Reserve failed to provide r . . .

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