Former Silicon Valley Bank CEO's Controversial Legacy and Hawaiian Getaway
Originally Published 2 years ago — by CNBC
Former CEO of Silicon Valley Bank, Greg Becker, backed two tech industry lobbying groups, TechNet and Silicon Valley Leadership Group, that lobbied government officials on issues tied to the bank, including the Dodd-Frank financial reform law and corporate tax cuts. Becker chaired TechNet and was a board member of the Silicon Valley Leadership Group before stepping down earlier this year. The lobbying adds to a string of efforts to influence policy that has drawn lawmakers' attention since the bank's failure. Some members of Congress have sought more information on the practices that left the bank vulnerable and its push to chip away at regulations.