Birdwatch Note Rating
2023-03-14 21:13:40 UTC - NOT_HELPFUL
Rated by Participant: 165FEBBEF4A2EE4666F6EA31A6E0E0192E3EE3878C4A96C89A14A6DB067F72D5
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