Lawmakers Start Laying Out SVB Response

Also, Powell offers (early) take on oversight lapses; SEC sues crypto entrepreneur who postponed Buffett lunch -- and nails a few celebs too; PCAOB's new enforcement chief

Today, the lawmakers came to the bankers.

In a sign of the clout the industry holds even as it reels from the failure of two major lenders, the final day of the ABA Washington summit featured the four top members of the House and Senate banking panels. And they trooped down to a lower-level ballroom in the Marriott Marquis to pay their respects. (Though …