By Bean Town Times Report |
May 25, 2023
On May 17, in a House Financial Services Committee hearing, Congresswoman Ayanna Pressley (MA-07) blasted former Silicon Valley Bank (SVB) CEO Greg Becker for his role in causing SVB’s collapse and demanded accountability. Rep. Pressley specifically underscored Mr. Becker’s mismanagement of risk leading up to the collapse of SVB earlier this year, and demanded Congress claw back his bonuses and investigate him for gross negligence, malpractice, and greed