(READ) Bipartisan effort questions 'clean' audits awarded to failed banks

Accounting firm KPMG issued clean audits for three US banks that recently collapsed: Silicon Valley Bank, Signature Bank, and First Republic Bank. That’s according to the Democrat-led Senate Permanent Subcommittee on Investigations (PSI), which is demanding to see all of KPMG’s communications with state and federal regulators. In a letter to KPMG CEO Paul Knopp, […]

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