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GOP lawmakers accuse Fed of being lax before bank failure |Pacific Updates

[ad_1] WASHINGTON — Republican lawmakers accused top bank regulators Wednesday of dawdling as Silicon Valley Bank hurtled toward the second-largest bank failure in U.S. history and questioned whether tougher regulations would have made a difference. Regulators closed the bank March 10, shaking the U.S. financial system and triggering fears of a broader banking crisis. But…

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