Birdwatch Note Rating
2023-03-13 20:07:38 UTC - NOT_HELPFUL
Rated by Participant: 8E8C72B4853EB1147CAD28DDE11C7D077FC420C52E0A97EEADD595C66B5A0FC3
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