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.