In Barr We Trust? Senators Lean on Fed's Supervision Chief to Fix Banks
Also, McHenry is ready to face off with Gensler (and deal with crypto); more big financial firms join forces to push back on SEC's market structure revamp
The dueling Republican and Democratic narratives on the banking crisis were on full display today as lawmakers alternatively cast blame on regulators and Silicon Valley Bank executives for the recent turmoil. But there was one area where there seemed to be some agreement during the first congressional hearing on the turmoil: The government’s top bank ov…