5 things we learned from the Senate hearing on the Silicon Valley Bank collapse

https://www.npr.org/2023/03/28/ [login to see] /senate-hearing-silicon-valley-bank-signature-bank-failure-collapse
Days after one of the largest bank failures in U.S. history, the fallout continues.

Some of the country's top banking and financial regulators appeared before the Senate Banking Committee on Tuesday to testify about what led to the downfall of Silicon Valley Bank – and how to prevent the same thing from happening elsewhere.

The collapse of the SVB, along with Signature Bank, has sparked scrutiny of the roles played by both bank managers and regulators. Policymakers will be debating whether new laws, rules or attitudes are needed to keep other banks from going under.

Here are five takeaways from Tuesday's hearing: