The new House Financial Services Committee chairman leading an investigation into two of the largest bank failures in history says his team has returned all donations from a fundraiser with executives in Signature Bank’s boardroom days before its collapse.
“I think the chairman was very clear,” McCarthy said. “He doesn’t raise money because these people are influencing him. People provide resources — and there’s a limited amount that someone can provide in this process as well — based upon his own philosophy and principles.”Monday that Signature co-founder and chairman Scott Shay held a fundraiser for McHenry at the bank's New York headquarters on March 2 — 10 days before regulators shut it down.
Campaign donations from Silicon Valley and Signature banks have become a political headache dozens of other lawmakers — Republicans and Democrats alike — as Congress and the Biden administration begin to launch probes to get to the bottom of the historic bank failures.she was returning a $2,500 donation that Silicon Valley Bank gave her in late 2020, when she was chair of the committee, though her office has not responded to questions from NBC News.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Signature Bank Deposits to Be Assumed by New York Community Bank Unit: FDICFormer Signature Bank deposits other than those related to the digital banking business will be assumed by a unit of New York Community Bancorp as of Monday, the FDIC said. GregAhl reports
Baca lebih lajut »
Flagstar Bank to take over most of Signature Bank's deposits, FDIC saysFlagstar Bank, a subsidiary of New York Community Bankcorp Inc., on Sunday agreed to assume most of Signature Bank's deposits and some of its loans.
Baca lebih lajut »
Flagstar Bank to Assume Signature Bridge Bank Deposits, FDIC SaysThe Federal Deposit Insurance Corp. said Sunday it entered into a 'purchase and assumption' agreement for nearly all deposits and certain loan portfolios of Signature Bridge Bank by Flagstar Bank, a subsidiary of New York Community Bancorp. The 40 former branches of Signature Bank will operate un
Baca lebih lajut »
New York Community Bank to buy failed Signature BankNew York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
Baca lebih lajut »
Signature Bank taken over by Michigan-based Flagstar Bank after failureTreasury Secretary Janet Yellen has said the banking system 'remains sound' despite the recent bank failures.
Baca lebih lajut »
New York Community Bank agrees to buy failed Signature Bank in $2.7B dealNew York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
Baca lebih lajut »