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Expert Analysis

Failed Bank Execs Could Be Targets After Biden Proposals

By Thomas Delaney, Kevin Harnisch and Ashley Kuempel ( April 19, 2023, 1:56 PM EDT) -- On March 17, in the wake of the failures of Silicon Valley Bank and Signature Bank and the government and large bank assistance provided to certain regional banks, President Joe Biden issued a statement urging Congress to pass legislation providing financial regulators with broader powers to punish bank executives deemed responsible for the collapse of financial institutions.[1]...

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