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The list of companies and banks potentially affected by Friday's collapse of Silicon Valley Bank is growing. But at least one person seems to have cashed in recently: chief executive Greg Becker, whose trust sold $3.6 million worth of shares on Feb. 27, according to SEC filings.
Becker is now coming under scrutiny, including from a personal acquaintance, Democratic California Rep. Ro Khanna, who said Sunday that Becker should give that money back.
California Democrat Rep. Ro Khanna said Sunday that progressives should be the "most concerned" with Silicon Valley Bank's (SVB's) collapse if the Biden administration fails to take action in the next several days.
MARGARET BRENNAN: We're joined now by Congressman Ro Khanna. He is a Democrat who represents the California District where Silicon Valley Bank was once headquartered. Good to have you here. I wonder what you make of the Treasury Secretary's remarks, I know you've been in contact with the White House with Treasury and with FDIC.
Washington — Democratic Rep. Ro Khanna of California on Sunday urged the Biden administration to take "decisive action" in response to the rapid collapse of Silicon Valley Bank and ensure depositors will be protected and have access to their accounts Monday morning.
On February 3, a freight train carrying hazardous materials derailed in the town of East Palestine, Ohio, just across the state line with Pennsylvania. A fire erupted, an evacuation order was issued, and the dangerous chemical being transported, vinyl chloride, was spilled. It's a devastating tragedy and one that could have been prevented
Washington, D.C. — In case you missed it, Representative Ro Khanna (D-CA) published an op-ed in The Boston Globe today on how the United States can keep the peace between Taiwan and China and strengthen our own manufacturing base.
Democratic Reps. Ro Khanna of California and Chris Deluzio of Pennsylvania introduced legislation Tuesday that would require the U.S. Transportation Department to impose more strict regulations on trains carrying hazardous materials, an effort to prevent disasters like the toxic derailment in East Palestine, Ohio from happening in the future.
Reps. Ro Khanna (D-Calif.) and Chris Deluzio (D-Pa.) on Tuesday introduced a bill that seeks to tighten safety measures for trains carrying hazardous materials and to ensure they are properly classified.
Washington, DC – After a freight train carrying hazardous materials derailed in the town of East Palestine, Ohio, just across the state line with Pennsylvania, U.S. Representatives Ro Khanna (CA-17) and Chris Deluzio (PA-17) today introduced the Decreasing Emergency Railroad Accident Instances Locally (DERAIL) Act to broaden the definition by which trains get classified as a "high-hazard flammable train" (HHFT).