This month saw the second-largest bank failure in U.S. history. The bank, Silicon Valley Bank, had rigged the game in the usual manner: lobbying,  "campaign contributions," and revolving doors.

  • Senator Mark Warner (D-VA) even got a fundraiser at the home of the bank's president and $10,000 from SVB's "political action committee."
  • Treasury Department official Mary Miller got an appointment to SVB's board.
  • And SVB's president got an appointment to the board of directors of the Federal Reserve Bank of San Francisco. (For more info, see Background.)

On a key vote for "regulatory relief" in 2018, 67 Senators (including 50 Republicans) voted yes, of whom 44 are still in the Senate, at least one of whom is from your state.

Click here to demand that your Senator(s) apologize for working for banks rather than for you, and to insist that they donate to charity any funds received from Silicon Valley Bank.


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As a constituent, I insist that you publicly apologize for having voted Yes on March 14, 2018, on S 2155 to loosen bank risk regulations at the behest of a reckless bank (Silicon Valley Bank) that has now failed. You also need to immediately donate to a legitimate charity that actually benefits some of the people you've harmed any funds you've received as "campaign contributions" from Silicon Valley Bank, its PAC, or top officers. Please let me know that you have done both of these things.

Click here to send the above message, adding any additional words you like.

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Thank you!

-- The team

>> The Lever: "Giant Tech Bank Collapses After Scoring Weaker Risk Regs"


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