Birdwatch Note Rating
2023-03-13 14:50:48 UTC - NOT_HELPFUL
Rated by Participant: 0A5C263FA1ABC8E222EC1C74AF3322695C42F39F9DE55C73E3803003F40E2ECD
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