5 things we learned from the Senate hearing on the Silicon Valley Bank collapse

Federal Reserve Vice Chair for Supervision Michael S. Barr appears before the Senate Banking, Housing and Urban Affairs Committee in Washington, D.C., on March 28, 2023. The collapse of Silicon Valley Bank has sparked scrutiny from lawmakers who want to know what went wrong and whether regulators did enough to oversee the lender. (Win McNamee/Getty Images)

Days after one of the largest bank failures in U.S. history, the fallout continues.

Some of the country's top banking and financial regulators appeared before the Senate Banking Committee on Tuesday to testify about what led to the downfall of Silicon Valley Bank – and how to prevent the same thing from happening elsewhere.