Top SVB depositors got letters from Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez.
"Silicon Valley Bank's unusually cozy relationship with its clients increased the threat of contagion when the bank went under."
The Democrats representing Massachusetts and New York on Sunday sent letters to 14 of SVB's largest depositors about a month after SVB's implosion, the report said.
"Silicon Valley Bank's unusually cozy relationship with its clients increased the threat of contagion when the bank went under," Warren told Bloomberg in a statement.
Warren and Ocasio-Cortez also sent letters to BILL, Eiger, Ginkgo Bioworks, iRhythm Technologies, LendingClub, Oncorus, Payoneer Global, Protagonist Therapeutics, Rocket Lab USA, and Sangamo Therapeutics.