McHenry: "All options should be on the table" in allowing large banks to buy troubled smaller ones

Rep. Patrick McHenry, the chair of the House Financial Services Committee, tells "Face the Nation" that "all options should be on the table" in allowing large banks to take over smaller, troubled banks. He added that Congress needs to investigate the "who, what, when, where, why and how" of the failures of Signature Bank and Silicon Valley Bank.

Date:	Mar. 19, 2023 2:40 PM ET
Link:	More at "CBS News"
Source:	Home - CBSNews.com - cbsnews.com
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McHenry: "All options should be on the table" in buying smaller banks
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First Citizens, one of the nation's largest regional banks, is buying large pieces of Silicon Valley Bank more than two weeks after the lender's collapse sent tremors through the banking system.
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McHenry: "All options should be on the table" in allowing large banks to buy troubled smaller ones

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McHenry: "All options should be on the table" in buying smaller banks

First Citizens, one of the nation's largest regional banks, is buying large pieces of Silicon Valley Bank more than two weeks after the lender's collapse sent tremors through the banking system.

Financial Face-Off: National banks vs. regional banks: Here’s one instance when smaller is better

First Citizens shares soar 45% after the bank buys a large chunk of failed Silicon Valley Bank

Silicon Valley Bank's deposits and loans to be bought by First Citizens Bank

First Citizens Bank to buy Silicon Valley Bank deposits and loans

First Citizens Buys Much of Silicon Valley Bank

FirstFT: First Citizens agrees to buy Silicon Valley Bank

Silicon Valley Bank: most of failed lender bought by First Citizens

First Citizens Bank buying SVB's deposits and loans, FDIC says

For Alibaba, Six Is Bigger Than One---And a Smaller Target

Brett Arends's ROI: One Social Security fix that should be on the table

Retired general identifies one thing he says would bring Putin to negotiating table

First Republic rebounds as Yellen signals backing for smaller lenders

Economic Report: Deposits at small U.S. banks stabilize, but large banks see bigger outflow

After bank failures, Elizabeth Warren demands Fed crackdown on large regional banks

First Republic hires Lazard to explore options after share price tumbles

'I am personally sticking with SVB': Prominent tech figures pledge support for bank

China’s banking troubles are not the same as Silicon Valley Bank, economist says

Deposit drain from smaller banks into financial giants like JPMorgan Chase has slowed, sources say

U.S. Is Ready to Protect Smaller Banks if Necessary, Yellen Says

Janet Yellen: Further rescues of depositors could be needed if smaller lenders suffer bank runs

SVB Collapse Shows Smaller Banks Can Pose Risk

Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion

Smaller Banks' Role in Economy Means Distress Raises Recession Risks