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Fed faults Silicon Valley Bank execs, itself in bank failure | NewsNation Now
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The Federal Reserve blamed last month’s collapse of Silicon Valley Bank on poor management, watered-down regulations and lax oversight by its own staffers, and said the industry needs stricter policing on multiple fronts to prevent future bank failures.
Business and finance journalist Krisitin Myers discusses what this means for customers.
"NewsNation Now" is a no fluff, no filler newscast hosted by Nichole Berlie featuring up-to-the-minute news drawing from a network of journalists across the U.S. Weekdays starting at 1p/12C.
NewsNation is your source for fact-based, unbiased news for all America.
Business and finance journalist Krisitin Myers discusses what this means for customers.
"NewsNation Now" is a no fluff, no filler newscast hosted by Nichole Berlie featuring up-to-the-minute news drawing from a network of journalists across the U.S. Weekdays starting at 1p/12C.
NewsNation is your source for fact-based, unbiased news for all America.
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