Warren is sounding alarm bells about the future of regional banks to Treasury Secretary Janet Yellen and a top advisory group for bank regulators.
Sen. Elizabeth Warren is warning Treasury Secretary Janet Yellen and the FSOC to do more to protect the future of regional banks.
Rising rates have helped lead to three factors now threatening the banking system, Warren argues: a decline in the value of bond portfolios, losses in commercial real estate and losses in the leveraged lending market.
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