Birdwatch Note Rating
2023-03-13 07:35:26 UTC - NOT_HELPFUL
Rated by Participant: 4C469764969DECB6B384615994F8D98CC5397EF72995AC0CF933A9E7C502C2E1
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