After Silicon Valley Bank Collapse, Sanders Introduces Legislation To Prevent Big Bank Executives From Serving On Federal Reserve Boards
March 24, 2023
March 24, 2023
WASHINGTON, March 24 -- Sen. Bernie Sanders, I-Vermont, issued the following news release and letter on March 23, 2023:
Sen. Bernie Sanders (I-Vt.) on Thursday introduced legislation to block bank executives like Silicon Valley Bank's Gregory Becker from serving on regional Federal Reserve boards that regulate the banks they run.
"I think it would come as a shock to most Americans to find out that Gregory Becker, the CEO of Silicon Valley Bank, who successfully lob . . .
Sen. Bernie Sanders (I-Vt.) on Thursday introduced legislation to block bank executives like Silicon Valley Bank's Gregory Becker from serving on regional Federal Reserve boards that regulate the banks they run.
"I think it would come as a shock to most Americans to find out that Gregory Becker, the CEO of Silicon Valley Bank, who successfully lob . . .