powell: US House oversight panel asks Fed’s Powell for SVB documents
The Republican-led US House of Representatives Oversight Committee on Monday asked Federal Reserve Chair Jerome Powell to hand over confidential documents related to the central bank's supervision of failed Silicon Valley Bank.Committee chair James Comer, in a letter to Powell published on the panel's website, also asked for documents related to Fed Vice Chair Michael Barr's investigation into the supervisory and regulatory failures that contributed to SVB's collapse in March, which triggered weeks of turmoil in the US…