BANKING/BERNIE SANDERS/REGULATIONS: “Let’s be clear. The failure of Silicon Valley Bank is a direct result of an absurd 2018 bank deregulation bill signed by Donald Trump that I strongly opposed. Five years ago, the Republican Director of the Congressional Budget Office released a report finding that this legislation would ‘increase the likelihood that a large financial firm with assets of between $100 billon and $250 billion would fail.’”
-Bernie Sanders, “NEWS: Sanders Statement on Silicon Valley Bank,” sanders.senate.gov, March 12, 2023