Birdwatch Note Rating
2023-03-13 12:26:59 UTC - NOT_HELPFUL
Rated by Participant: CF217DF1FE8B1B18C11DE42D86E9B745B102E67715A0DC25FA7014951E440C79
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