Mar 28, 2023

Top banking regulators to testify on the Hill

Win McNamee/Getty Images

Officials from numerous government agencies that oversee the banking industry will testify in front of the Senate Banking Committee today. We look at what they're expected to tell lawmakers about the collapse of Silicon Valley Bank and related financial jitters in recent weeks. Plus, protests are continuing in France over president Emmanual Macron's unpopular pension reforms. And, SVB's downfall has brought new uncertainty for a variety of businesses, including some winemakers in California.

Segments From this episode

Banking regulators to testify in front of Senate Banking Committee

Marketplace’s Nancy Marshall-Genzer helps break down what they’re expected to say.

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Silicon Valley Bank Collapse

SVB’s collapse sends California wineries into a state of uncertainty

by Dana Cronin

Mar 28, 2023

More than 400 California wineries borrowed from Silicon Valley Bank. In the aftermath of its collapse, many are wondering what comes next.

In addition to lending to wineries, SVB helped raise money for basics like bedding and food for area farmworkers, said farmworker advocate Rosaura Segura.

Justin Sullivan/Getty Images

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Music from the episode

An American in Paris George Gershwin, Columbia Symphony Orchestra, Leonard Bernstein, New York Philharmonic

The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Ariana Rosas Producer

Jarrett Dang Digital Producer (gone fishing)

Jesson Duller Media Producer

Brian Allison Technical Director

Nick Esposito Media Producer

James Graham Producer, BBC

Jo Critcher Producer, BBC

Olie D'Albertanson Producer, BBC

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