Greg Becker, CEO of Silicon Valley Bank, personally lobbied to weaken regulations after 2008. He ultimately succeeded under the Trump presidency -- and just five years after that success, Silicon Valley Bank had to be bailed out.

Losing his job isn't enough -- Becker and other execs must pay up. Becker took home $9.9 million in compensation last year, including a $1.5 million bonus. Now that the federal government is on the hook for the Bank’s deposits, we need to claw that money back.

Senators from Jon Tester to Elizabeth Warren are demanding that the Biden administration use every tool available to hold Silicon Valley Bank responsible and claw back compensation, including the recent bonuses.

In addition to the clawback, we must have a thorough, transparent investigation of reports that bonuses were distributed to these executives the very week that the bank failed. We know that CEO Greg Becker sold $3.6 million in SVB stock just days before the bank collapsed.

This investigation will be complicated. It will require cooperation from the FDIC, the Federal Reserve, the Treasury Department, and the Department of Justice. That’s why it’s so important that the Biden administration makes its intention to hold these executives accountable completely clear.

Sign the petition:
Demand a full investigation into the Silicon Valley Bank collapse, and hold the executives accountable!