Jon Tester (D-Mt.) – the architect of that Dodd-Frank overhaul - wants regulators to claw back bonuses that SVB’s leadership collected before their bank went into a tailspin. Katie Porter (D-Calif.) pitched a bill to roll back bipartisan changes to Dodd-Frank that was a major pain point for Democrats in 2018. Elizabeth Warren (D-Mass) and her protégé Rep. ĭays after Silicon Valley Bank went bust, lawmakers are starting to roll out ideas on how to discourage similar weekend-wrecking calamities. The POLITICO Pro platform combines the news you need with tools you can use to take action on the day’s biggest stories. Editor’s note: Morning Money is a free version of POLITICO Pro Financial Services morning newsletter, which is delivered to our subscribers each morning at 5:15 a.m.
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