FOX Business host Larry Kudlow reacts to Federal Reserve Chair Jay Powell's new backstops on U.S. banks on "Kudlow" amid Silicon Valley Bank's collapse.
The Arkansas congressman, a leading Republican on the House Financial Services Committee, said while he doesn't believe blanket expanding deposit insurance is warranted, different premium structures for covering deposits would be "worthwhile."
Rep French Hill on the aftermath of Silicon Valley Bank s failure nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.
House Financial Services Committee Chair Maxine Waters joined her Republican counterpart on the panel saying FTX's unwinding hastens the need for legislation that outlines crypto regulation.