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Silicon Valley Bank Fallout, a Rally in Chip Stocks and Calls for a Pause in Artificial Intelligence

Bloomberg Tech

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The House Financial Services Committee Hearing on the Banking Crisis in the United States

The House Financial Services Committee is holding a hearing on the failure of Silicon Valley Bank. Fed Chair Michael Barr acknowledged for a second day that there were lapses in oversight. Regulators are mulling whether there might be a need for them to drill down on existing rules.

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