Sanders Introduces Bill to Stop Bank CEOs From Serving as Fed Bank Regulators
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Gregory Becker is the CEO of Silicon Valley Bank, the second largest bank to fail in U.S. history. He was also, up until the day the bank failed on March 10, a member of the board of directors of the Federal Reserve Bank of San Francisco, one of 12 Federal Reserve Banks in the country charged with keeping institutions like Silicon Valley Bank healthy and solvent. Sen. Bernie Sanders (I-Vermont) is...