CEOs of Failed Banks Have an Easier Day Two as House Republicans Set Sights on Regulators
Also, Gensler has a (comparatively) kumbaya SEC open meeting; Republicans say climate policy is distracting Fed from inflation fight and bank oversight
The now-notorious leaders of the recently failed banks were greeted by another audience of skeptical lawmakers – this time in the House. And there was a new face at the witness table, Michael Roffler, the now deposed CEO of First Republic Bank. His firm was seized on May 1 and sold to JPMorgan Chase. Roffler portrayed much of the turmoil as being out of…
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