Sen. Elizabeth Warren told CNBC that the problem started under the Trump administration, when bank CEOs lobbied for Congress to weaken regulation.
, after negative news triggered bank runs. The failed banks disproportionately serviced startup and cryptocurrency companies.
The first would reverse a Trump-era bill that weakened oversight of medium-sized banks. The second would create an Inspector General position within the Federal Reserve, and the third would prohibit executives at publicly traded companies from selling stock options for three years.
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