Trump’s spokesperson accused Democrats of trying to “gaslight the public to evade responsibility.”
published Monday that “regulators should reverse the dangerous bank deregulation of the Trump era” that eliminated some restrictions imposed by the 2010 Dodd-Frank law for small and medium-sized banks like SVB and Signature, including regular stress tests and enhanced risk-measuring standards.
She also called on prosecutors and regulators to investigate SVB and Signature executives for insider trading or violations of other criminal laws and “claw back” pay and bonuses, noting SVB CEO Greg Becker received a $1.5 million bonus last year.
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