Silicon Valley Congressman Ro Khanna held a roundtable at his Santa Clara office Saturday, where he addressed a panel of leaders impacted by Silicon Valley Bank’s short-lived collapse and vowed to take swift action to protect depositors and insure banks from future failure.
“When you ask who a lot of these thousands of companies and organizations were, they were the climate tech start-ups. They were the start-ups in biotech. And these were the organizations that were actually serving the community,” said Khanna.
Among those organizations was Sunnyvale Community Services, a safety net for thousands of low-income families. Part of its services include providing fresh groceries to over a thousand