Capitol Hill Gears Up Its Bank Crisis Response With Bills, Hearings and Investigations
Also, SEC's Birdthistle ducks a fight with ICI over swing pricing; Peirce says banking reform may distract Congress from taking up crypto legislation
With the market still very much on tenterhooks (but up today), lawmakers are wasting little time jumping headfirst into the banking turmoil. Top regulators are set to testify before the House on March 29 and the Senate is seeking to nail down its own hearing, perhaps a day earlier. But even before the officials weigh in, policy recommendations are start…
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