Per the article, the aides helped lobby for a roll back of Dodd-Frank. SVB took the lead in " the “woke capital” ESG movement." Who here knows about Dodd-Frank? I'm not familiar with the banking industry but I thought that Dodd-Frank was put in place due to the risky investments of banks, like the careless bank loans and mortgage backed investment vehicles that created the housing bubble. Does the left need a law to tell them to make intelligent investment decisions so that their investors don't lose money?
My cynical take on Dodd-Frank was that it was another power-grab by the feds, billed as a way for them to keep "our democracy" safe from banks. (Even though it was previous administrations that set the stage for the 2008 financial debacle.) The left is blaming Trump's roll-back of some of the DF regulations for this current situation, but even (fag) Barney Frank says it's not the case.
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