Birdwatch Note Rating
2023-03-12 17:54:58 UTC - NOT_HELPFUL
Rated by Participant: 52BE78E15717D2CDFCCE381E058320C73AB37EC15CD1835090731963DF9BC4AD
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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