After SVB's collapse, Biden calls on Congress to hold bank executives accountable for failures: 'No one is above the law'

• After the collapse of Silicon Valley Bank, President Joe Biden wants harsher penalties for executives at failed banks.
• He's calling on Congress to enact legislation that would claw back execs' compensation and keep them from new bank jobs.
• Politicians have been finger-pointing over SVB's demise, with some targeting looser regulations.

President Joe Biden doesn't want to let bank executives off the hook for failures following the Silicon Valley Bank debacle.