Birdwatch Note Rating
2023-03-13 14:50:48 UTC - NOT_HELPFUL
Rated by Participant: 8C9FD8DF08D1875968097B1F5E9BA6CA7A4EE7A9DD08C7B5F444B5D716ECCF36
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