Birdwatch Note Rating
2023-03-12 17:43:11 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 9AFCA639D9D871177332A9AFED2F58806EB909B533520CB56ED7FED9C12C833E
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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