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Signature Bank Threw a Fundraiser for the Congressman Now Probing How It Failed

  • GOP’s McHenry chairs the House Financial Services Committee
  • Campaign says donations from event won’t be processed
Bloomberg business news
What Led to the Collapse of Signature Bank?
Updated on

Ten days before Signature Bank collapsed, the House Republican overseeing an inquiry into the bank’s failure was inside its boardroom on New York’s Fifth Avenue.

Patrick McHenry was there to raise thousands of dollars from bank executives.