John Fetterman suggests failed Silicon Valley Bank executives should have the same work requirements 'Republicans want' for families receiving food stamps

, Scott Shay and Eric Howell, about their banks' failings in March, Fetterman said the GOP seems "more preoccupied" with federal spending on families on food stamps than it is with bail-out funds., which offers a monthly stipend to buy food for millions of families nationwide."The Republicans want to give a work requirement for SNAP. A hungry family has to have these kind of penalties and same kinds of working requirements," Fetterman said.

The executives did not respond to Fetterman's question. After Fetterman finished, Sen. Sherrod Brown, the chair of the committee, quipped that he "didn't see an eagerness" among the panelists to answer the pointed questions,

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Bank execs blame panicked depositors for Silicon Valley, Signature failures, but senators blame themTop executives at Silicon Valley Bank and Signature Bank largely avoided taking responsibility for their banks’ dramatic failures at a Senate hearing Tuesday, instead using their time to assign blame to events they said were largely out of their control. The arguments got little traction with senators on both sides of the aisle. Democrats and Republicans on the Senate Banking Committee criticized the executives for taking risky actions or missing obvious problems that directly led to the demise of their banks, while still accepting lucrative pay packages and bonuses, even in the days and weeks leading up to the failures.
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