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a rollback of regulations on banks. i will be joined by democratic congressman and former venture capitalist josh harder on the next steps to stabilize the banking industry this hour, former president trump taking the fight directly to ron desantis in iowa. ron de-sanctiuos. he is aisciple of paul ryan. he reminds me of mitt romney in california, 11 people were gunned down in january, president biden will announce stronger gun background checks i will talk to the congresswoman from that district, judy chu good day i m andrea mitchell in washington, d.c. the wall street journal is reporting that the justice department and the securities and exchange commission are investigating the collapse of silicon valley bank and stock seals sales by its executives before the bank went under. they are questioning whether regulators should seen troubled signs in new york signature bank they are scrambling to diffuse political fallout. inflation moderated slightly for the eig ....
And i wrote to the fed and the fdic supporting measures they have undertaken, a rule making they have undertaken to try to reduce risk in the system. until just the other day, republicans on the senate banking committee were criticizing the fed for moving forward on those actions again, let s take a full review of what happened and then take the necessary action the wall street journal is reporting that the justice department and the securities and exchange commission are investigating the bank s collapse and those stock sales by its executives. what concerns do you have about management decisions and bonuses? well, certainly, there were very bad management decisions. there are two issues, as you have been discussing one is whether there was outright wrongdoing, crimina wrongdoing with respect to insider trading. we don t have any facts on that ....
Rebounding after taking big losses yesterday. what about the investigations? we don t know what the investigations in svb might lead to they are pretty proforma given there was stock sales and bonuses ahead of the collapse. i think it s my understanding these things are proforma when there s a large bank failure there s two areas of investigation that you highlighted in your opening. the first is whether or not there s specific issues that need to be looked at, specifically whether there was any wrongdoing that was done nothing apparent has come to the fore immediately the other thing is structural and systemic is there something wrong with the supervision system is there something more broadly broken inside the broader banking system that needs to be looked at and investigated and otherwise have rules and regulations changed so this ....