Ro Khanna

@RoKhanna ↗

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Last Checked March 30, 2023

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Tue Mar 14 01:53:17 +0000 2023

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Ro Khanna @RoKhanna

The run on SVB is a reminder of the need to impose strong financial regulations on banks. The Republican Party succeeded in passing the bill eviscerating Dodd-Frank against the warnings of progressives like myself and @BernieSanders. — PolitiTweet.org

Posted March 14, 2023

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Ro Khanna @RoKhanna

A thread on some of my takeaways from the SVB collapse. SVB is in my district, but I did not hesitate to tell them no when they lobbied hard for Donald Trump's bill to weaken Dodd-Frank. I voted against the bill. Too many Dems voted yes. — PolitiTweet.org

Posted March 14, 2023

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Ro Khanna @RoKhanna

Medium-sized banks like SVB managed to avoid stress tests/liquidity and capital requirements that could have prevented this predictable disaster. — PolitiTweet.org

Posted March 14, 2023