Alternate headlines (based on Y Combinator's actual petition): "Y Combinator urges stronger regulatory oversight and capital requirements for regional banks."

Alternate headlines (based on Y Combinator's actual petition): "Y Combinator urges stronger regulatory oversight and capital requirements for regional banks." "Y Combinator urges investigations of any malfeasance or mismanagement by SVB executives." https://www.ycombinator.com/blog/urgent-sign-the-petition-now-thousands-of-startups-and-hundreds-of-thousands-of-startup-jobs-are-at-risk https://www.ycombinator.com/blog/urgent-sign-the-petition-no... The "act" they want Congress to make is just a "backstop" of depositors. The thing is, if SVB is bought by another bank, that happens without any action by Congress. (For what it's worth, Nancy Pelosi said today there are multiple potential buyers and "What we would hope to see by tomorrow morning is for some other bank to buy the bank.") https://twitter.com/JohnGHendy/status/1634934773113290753?s=20 https://twitter.com/JohnGHendy/status/1634934773113290753?s=...