National Politics • 7 min read Republican Tells Lobbyists It’s “Hackish” To Blame Bank Failures On Deregulation Patrick McHenry defends Trump’s bank deregulation law days before leading an inquiry into the collapse of Signature Bank — his top donor.
Business • 8 min read Regulators Greenlit SVB’s Risky Investments Following lobbying efforts, the Federal Reserve exempted Silicon Valley Bank’s venture capital investments from a key risk management rule.