Powell: Basel III is not the Fed's answer to Silicon Valley Bank

During a contentious exchange on his second day of congressional testimony this week, the Federal Reserve chair drew a line between the central bank's response to last year's bank failures and its current capital proposal.

Powell: Basel III is not the Fed's answer to Silicon Valley Bank
During a contentious exchange on his second day of congressional testimony this week, the Federal Reserve chair drew a line between the central bank's response to last year's bank failures and its current capital proposal.