The Congressional Research Service reviewed federal authority over financial institution insolvency and the response to the failures of Silicon Valley Bank, Signature Bank and First Republic Bank.
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The Congressional Research Service reviewed policy issues related to the oversight of banking agencies in light of the failures of Silicon Valley Bank and Signature Bank.
GAO Financial Markets and Community Investment Director Michael E. Clements testified on the findings from a GAO report on the regulatory and supervisory shortcomings related to the SVB and Signature Bank failures.
In a Report to the House Financial Services Committee, GAO found that poor liquidity and risk management practices were factors contributing to the failure of Silicon Valley Bank and Signature Bank. GAO said that regulators identified these risks, but failed to sufficiently address them.
In a 2022-2026 Strategic Plan, CFTC Chair Rostin Behnam highlighted "emerging trends transforming global derivatives markets" including "digital asset commodities, decentralized finance, and Environmental, Social, and Governance Investing."