WASHINGTON, March 27 (Reuters) - The Federal Reserve's
top regulatory official will tell Congress regulators are
committed to ensuring all U.S. bank deposits are safe and are
prepared to use their tools for any size institution if needed
to protect the system.
In prepared testimony, Fed Vice Chair for Supervision
Michael Barr added that the banking system is "strong and
resilient," but that the Fed is reviewing its actions leading up
to the collapse of Silicon Valley Bank and how to tighten rules
on banks going forward.
(Reporting by Pete Schroeder; Editing by Chizu Nomiyama)
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