A security guard at Silicon Valley Bank monitors a line of people outside the office in Santa Clara, Calif., on March 13, 2023. The Fed admitted it was partly to blame for the collapse of the lender in a scathing report on Friday. Justin Sullivan/Getty Images hide caption
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 hide caption
Capital One has become the nation's largest bank to end overdraft fees for all of its customers. Federal regulators are taking a hard look at bank overdraft fees, which hit customers with lower incomes the hardest. Richard Drew/AP hide caption