Warren demands probe into SVB and Signature Bank collapses.

Senator Elizabeth Warren has called for an investigation into the collapse of Silicon Valley Bank and Signature Bank, urging the FDIC to investigate the leadership of both banks prior to their downfall earlier this month. Warren is one of many lawmakers on Capitol Hill demanding more information about how the banks collapsed and why. Meanwhile, economist EJ Antoni has said that the idea taxpayers aren’t on the hook for the mitigation effort is false when you "look at the mechanics of how this bailout is operating."