McHenry: "All options should be on the table" in buying smaller banks
"What I need to get to the bottom of investigatively, in Congress, is the who, what, when, where, why, and how of these bank failures and the decision over" last weekend, McHenry said.
| Date: | Mar. 19, 2023 10:48 AM ET |
| Link: | More at "CBS News" |
| Source: | Home - CBSNews.com - cbsnews.com |
| Category: | Top stories |
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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 ...
Mar. 19, 2023 - Home - CBSNews.com - Top stories -
Financial Face-Off: National banks vs. regional banks: Here’s one instance when smaller is better
Rattled bank customers have been moving their money from regional banks to national banks. What's the better choice for consumers?
Mar. 27, 2023 - MarketWatch.com - Top Stories - Business -
'I am personally sticking with SVB': Prominent tech figures pledge support for bank
After a rollercoaster week for Silicon Valley Bank's customers, some prominent voices in the tech world are now publicly saying they will keep their money with the embattled lender -- and they're urging others to do the same.
Mar. 17, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
Deposit drain from smaller banks into financial giants like JPMorgan Chase has slowed, sources say
Uncertainty caused by the collapse of Silicon Valley Bank this month triggered outflows and plunging share prices at peers including First Republic and PacWest.
Mar. 27, 2023 - US Top News and Analysis - Business -
U.S. Is Ready to Protect Smaller Banks if Necessary, Yellen Says
The Treasury secretary pledged that the Biden administration would take additional steps as needed to support the banking system.
Mar. 21, 2023 - NYT > Top Stories - Top stories -
Janet Yellen: Further rescues of depositors could be needed if smaller lenders suffer bank runs
The federal government could once again come to the rescue of uninsured bank depositors if smaller lenders suffer bank runs like the one that collapsed Silicon Valley Bank, according to prepared remarks from US Treasury Secretary Janet Yellen.
Mar. 21, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
SVB Collapse Shows Smaller Banks Can Pose Risk
Former regulators say Washington has been too focused on ‘too big to fail’ banks.
Mar. 20, 2023 - WSJ.com: US Business - Business -
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
Swiss bank USB is acquiring smaller rival Credit Suisse for over $3 billion
Mar. 19, 2023 - ABC News: International - World -
Smaller Banks' Role in Economy Means Distress Raises Recession Risks
Main Street businesses and American families are likely to find it harder to get a loan because of turmoil in the banking industry, denting economic growth.
Mar. 19, 2023 - WSJ.com: US Business - Business -
Guarantee for all bank deposits should be on the table, ex-FDIC chief Bair says
U.S. authorities should ask for a 'blanket backstop' against uninsured deposits if they see a systemic problem, a former top regulator said Friday.
Mar. 17, 2023 - MarketWatch.com - Top Stories - Business -
Silicon Valley Bank's deposits and loans to be bought by First Citizens Bank
First Citizens Bank has reached a deal to buy Silicon Valley Bank after the California lender's stunning collapse earlier this month. CBS News' Tony Dokoupil and Lilia Luciano are joined by Wall Street Journal market reporter Hannah Miao with more.
Mar. 27, 2023 - Home - CBSNews.com - Top stories -
First Citizens Bank to buy Silicon Valley Bank deposits and loans
First Citizens Bank & Trust Co will buy Silicon Valley Bank’s deposits and loans, the U.S.
Mar. 27, 2023 - NBC News Top Stories - Top stories -
New York Community Bank to buy failed Signature Bank
New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the FDIC said late Sunday.
Mar. 19, 2023 - NBC News Top Stories - Top stories - New York -
New York Community Bank to buy failed Signature Bank
New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the FDIC said late Sunday.
Mar. 19, 2023 - NBC News Politics - Politics - New York -
House Financial Services Chair McHenry won’t take Fed’s word on SVB failure
The head of the House Financial Services Committee pledged Wednesday that his panel "has a very important role to play" in SVB investigation.
Mar. 22, 2023 - MarketWatch.com - Top Stories - Business -
Full interview: Rep. Patrick McHenry
Watch the full version of the interview with Rep. Patrick McHenry that aired on March 19, 2023 on "Face the Nation."
Mar. 19, 2023 - Home - CBSNews.com - Top stories -
Transcript: Rep. Patrick McHenry on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Rep. Patrick McHenry, Republican of North Carolina, that aired on "Face the Nation" on Sunday, March 19, 2023.
Mar. 19, 2023 - World - CBSNews.com - World -
Transcript: Rep. Patrick McHenry on "Face the Nation," March 19, 2023
The following is a transcript of an interview with Rep. Patrick McHenry, Republican of North Carolina, that aired on "Face the Nation" on Sunday, March 19, 2023.
Mar. 19, 2023 - Home - CBSNews.com - Top stories -
AP Top Stories March 31st A.M.
Here's the latest for Friday March 31st: Former President Donald Trump indicted; Trump supporters protest; Kentucky military helicopter crash investigated; Gwyneth Paltrow wins Utah ski collision case.
4 hours ago - GANNETT Syndication Service - Top stories -
Bond Investors Add Duration and Steepeners to Portfolios, JPM AM Says
In anticipation of an end to the recent interest-rate rises, broker positioning monitors indicate that investors have moved toward a more defensive stance and started to add duration and steepeners to portfolios, J.P.Morgan Asset Management said.
5 hours ago - WSJ.com: World News - World -
AP Top Stories March 29 A.M.
Here's the latest for Wednesday March 29th: Nashville police say school shooter bought weapons legally; Fire in migrant detention facility in Mexico kills dozens; Police officer fatally shot in Alabama; Swimmers accused of harassing dolphins.
Mar. 29, 2023 - GANNETT Syndication Service - Top stories -
I Am Going Blind, and I Now Find It Strangely Exhilarating
Now that I signal my disability with a white cane, I find that I have tapped a well of visible kindness.
Mar. 28, 2023 - NYT > Top Stories - Top stories -
AP Top Stories March 28th A.M.
Here's the latest for Tuesday, March 28th: Shooter, six others dead in Tennessee school shooting; Mississippi tornado destroyed hundreds of structures; Kim Jong Un orders boost in potential nuclear weapons material; Train derails in North ...
Mar. 28, 2023 - GANNETT Syndication Service - Top stories -
Reporter covering Nashville school shooting makes stunning on-air announcement: ‘I am a survivor’
While covering a deadly school shooting in Nashville, Tennessee, a local reporter said that she is also a survivor of a school shooting.
Mar. 27, 2023 - NBC News Politics - Politics -
First Citizens Buys Much of Silicon Valley Bank
The acquisition comes more than two weeks after the lender’s collapse sent tremors through the banking system.
Mar. 27, 2023 - WSJ.com: US Business - Business