Birdwatch Note Rating
2023-03-13 19:01:33 UTC - HELPFUL
Rated by Participant: C36913C51C9157A1D8228D342A4F93ADEA4E94CC44C936C8EA52C400D8D2A536
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