Warren argues in her letter the bank fought to support efforts to roll back capital requirements in the Dodd-Frank Wall Street Reform Law and funneled thousands of dollars in campaign donations to leaders of the effort to loosen bank regulation in Congress. Congress and the public must learn the lessons from the failure of Signature Bank." You worked hard to weaken the rules, promised that they bode well for your bank, and then destroyed it with bad decision making and excessive risk taking. In a letter to CEO Joseph DePaolo, Warren writes, "You owe your customers and the public an explanation for the economically disastrous outcomes you created. In a new letter obtained exclusively by Yahoo Finance, Senator Elizabeth Warren is demanding answers from now failed Signature Bank she says engaged in excessive risk while leading into a "get rich quick" scheme when it comes to taking on crypto customers. JENNIFER SCHONBERGER: Good morning, Julie.
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