U.S. Senate Committee on Banking, Housing, and Urban Affairs

09/18/2026 | Press release | Distributed by Public on 09/18/2026 08:51

Warren Statement on Michelle Bowman’s “Initial Findings” From Sham Silicon Valley Bank Review

September 18, 2026

Warren Statement on Michelle Bowman's "Initial Findings" From Sham Silicon Valley Bank Review

"Michelle Bowman was the Federal Reserve Governor responsible for supervising SVB as it grew rapidly during the first Trump administration. Michelle Bowman then voted to deregulate SVB. Now, Michelle Bowman has wasted taxpayer resources to hire what appears to be her partisan friends for a third party autopsy that magically and conveniently exonerates her and President Trump of any wrongdoing. It's an embarrassing attempt to re-write history designed to pave the way for more dangerous deregulation that will lead to the next Silicon Valley Bank disaster."

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