Silicon Valley Bank's collapse could have ramifications for the technology landscape over the coming years, analysts and investors said. Senate Majority Leader Chuck Schumer will give campaign contributions from former Silicon Valley Bank CEO Greg Becker and the bank's PAC to charities, according to a person with direct knowledge of the matter. Schumer received the maximum individual contribution of $5,800 from Becker in June 2021, according to the Federal Election Commission. The campaign received $2,700 from the bank's political action committee in 2015, per an FEC filing. Rep. Maxine Waters, D-Calif., said she will return the contribution she received from Becker, according to reporting from Politico.

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