Birdwatch Note Rating
2023-03-13 05:19:58 UTC - NOT_HELPFUL
Rated by Participant: 39F62F1073CCEF1D2810B09405AA2B7CEC58B2F0D4E5B84EF34E4EDC2BE50D26
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