Justice Dept. investigating Silicon Valley Bank collapse

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Justice Dept. investigating Silicon Valley Bank collapse
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Breaking news: The Justice Department has opened an investigation into the collapse of Silicon Valley Bank and the actions of its senior executives, according to a person familiar with the matter who spoke on the condition of anonymity.

Financial regulators closed the bank, popular among tech firms and start-ups, last week after a run on deposits.

. Becker was among a chorus of financial institution executives who pressed Congress in 2018 to loosen financial regulations enacted after the 2008 Great Recession.Advertisement

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