Silicon Valley Bank's CEO Lobbied Hard to Get Regs Rolled Back on Mid-Sized Banks

SVBCEO CEO Greg Becker was also chair of a tech lobbying group during this time called TechNet, which sounds fake, but is actually backed by basically entire Apple, Google, all these kind of things. He lobbied hard via that group and another group to get regulations rolled back on mid-sized banks. The big thing was that Banks that really rely on short-term funding like Silicon Valley Bank should be subject to stricter rules about what they've got on hand.