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Bank Execs Face Senate Ire for Blaming Bank Collapse on Crypto While Amassing Millions

US Senators have slammed executives of failed banks for trying to deflect blame away from their poor management practices and toward digital asset firms. During a Tuesday Senate Banking Committee hearing, Senator Cynthia...

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Bank Execs Face Senate Ire for Blaming Bank Collapse on Crypto While Amassing Millions
US Senators have slammed executives of failed banks for trying to deflect blame away from their poor management practices and toward digital asset firms.
During a Tuesday Senate Banking Committee hearing, Senator Cynthia Lummis lashed out at Scott Shay, the former chairman of now-collapsed Signature Bank, for his statement regarding what led to his bank’s collapse. ...
Read More: Bank Execs Face Senate Ire for Blaming Bank Collapse on Crypto While Amassing Millions

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