Birdwatch Note Rating
2023-03-12 19:05:47 UTC - HELPFUL
Rated by Participant: F4831DE41C2C1276D068BF56C0507FB5ED284221BE5C4B818706FD5BE26114D9
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