Birdwatch Note Rating
2023-03-12 17:47:42 UTC - HELPFUL
Rated by Participant: 2B8BB0BCDFEB9AAA8B59F3B50B4D904794FC7E07A0180A14B360FD0C3E4E34A1
Participant Details
Original Note:
Both claims are factual. Trump deregulated banks like SVB and on Friday SVB failed. Arguments on what it implies should go in the replies. “The Times noted in its report that the bill was championed by SVB CEO Greg Becker.” https://www.newsweek.com/trump-era-roll-back-bank-regulations-resurfaces-amid-svb-collapse-1787112?amp=1 https://www.forbes.com/sites/mayrarodriguezvalladares/2023/03/12/how-trumps-deregulation-sowed-the-seeds-for-silicon-valley-banks-demise/?sh=520abc273432 https://www.independent.co.uk/news/world/americas/us-politics/trump-silicon-valley-bank-blame-regulations-b2298859.html?amp Older articles about it- https://www.nasdaq.com/articles/trump-deregulating-banks-heres-what-means-you-2019-02-12 https://bettermarkets.org/newsroom/dangerous-trump-era-banking-deregulation-becomes-effective-tomorrow/ https://www.politico.com/amp/story/2018/05/30/trump-bank-regulations-volcker-rule-577718
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