Birdwatch Note Rating
2023-03-12 21:03:24 UTC - NOT_HELPFUL
Rated by Participant: 020632132B12BEA9A3E0744021E56C12B8E1DA558F74A4F4D303BA10D8DA0CB7
Participant Details
Original Note:
This is authors opinion so no note required. SVB CEO Greg Becker had pressed lawmakers in Congress to lessen regulation that placed higher scrutiny on certain banks. By 2018, his bank had spent roughly $500,000 to lobby for the changes that Trump ultimately signed into law https://www.newsweek.com/trump-era-roll-back-bank-regulations-resurfaces-amid-svb-collapse-1787112
All Note Details