The US Senate Committee on Banking said on Tuesday it would hear from former top officials at the failed Silicon Valley Bank and Signature Bank, and the Fed's Vice Chair for Supervision at separate hearings later this month.
Gregory Becker, the former CEO of Silicon Valley Bank, and Scott Shay, former Chairman of Signature Bank, will appear on May 16, while Michael Barr, Vice Chair for Supervision at the Federal Reserve, and the Chairman of the Federal Deposit Insurance Corporation (FDIC) Martin Gruenberg will be among the witnesses on May 18, the committee said in a statement.