NEW: A provision in the 2010 Dodd-Frank law could have held SVB CEO Gary Becker accountable for his recklessness—and maybe kept the bank solvent. It's time we use it.

Our expert Sarah Anderson explains:

#SVB #SiliconValleyBank #Banking #DoddFrank https://www.marketwatch.com/amp/story/the-biden-administration-has-the-power-to-stop-bank-ceos-from-creating-the-next-svb-they-just-need-to-use-it-f3369084

The Biden administration has the power to stop bank CEOs from creating the next SVB. They just need to use it.

A provision in the Dodd-Frank law could have held SVB CEO Gary Becker accountable — and maybe kept Silicon Valley Bank solvent.

MarketWatch