On the recordMay 4, 2023
SVB, Signature Bank, and First Republic all lobbied Congress to weaken the guardrails, preventing them from making risky bets with depositors' money.
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congress.govSVB, Signature Bank, and First Republic all lobbied Congress to weaken the guardrails, preventing them from making risky bets with depositors' money.
Warren accuses banks of lobbying Congress to weaken regulations that protect depositors.
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