Rep. Katie Porter

@RepKatiePorter ↗

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Last Checked April 3, 2023

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Sat Mar 11 18:44:58 +0000 2023

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Rep. Katie Porter @RepKatiePorter

The collapse of Silicon Valley Bank was totally avoidable. In 2018, Wall Street pushed a deregulation bill that allowed banks like SVB to take reckless risks. It passed, even as I and many others warned of the risks. I am writing legislation to reverse that law, S. 2155. — PolitiTweet.org

Posted March 11, 2023

Preceded By

Rep. Katie Porter @RepKatiePorter

Even before I got to Congress, I warned how S. 2155 would destabilize the banking industry. Here's what I said: https://t.co/sg7oi16K3G — PolitiTweet.org

Posted March 11, 2023

Followed By

Rep. Katie Porter @RepKatiePorter

Employers connected to SVB are worried about making payroll next week. Employees need to pay mortgages and rent. Retirees fear their life savings are at risk. All because Wall Street wanted to write their own rules. Reverse S. 2155. — PolitiTweet.org

Posted March 11, 2023