Davis Polk partner and Financial Institutions practice head Margaret Tahyar will testify before the House Financial Services Committee’s Subcommittee on Financial Institutions and Monetary Policy at a hearing on “Federal Responses to Recent Bank Failures.” The hearing will examine events leading up to and surrounding the closure of a number of banks and review activities and decisions of federal and state regulators, steps toward resolving the failed banks by the FDIC, and emergency measures taken by the U.S. Department of the Treasury, the Federal Reserve and the FDIC.

The hearing will be held at 2:00 pm ET on May 10, 2023, in Washington DC.

Margaret’s prepared remarks are available here. For more information and to view a livestream of the hearing, visit the Financial Services Committee website.

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