Former Bank CEOs Summoned to Testify Before Senate Panel.

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Source: CNBC
Former Bank CEOs Summoned to Testify Before Senate Panel.
Photo: CNBC
TL;DR Summary

The Senate Banking, Housing and Urban Affairs Committee has called on former CEOs of Silicon Valley Bank and Signature Bank, Gregory Becker and Joseph DePaolo, to testify about the collapses of their respective banks. The committee is investigating the failures of the banks, which have raised concerns about broader economic damage. The former executives had previously indicated they were unable to attend a hearing on the matter. The senators have urged them to answer the panel's questions "at a future date."

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