Birdwatch Note Rating
2023-03-14 04:27:17 UTC - HELPFUL
Rated by Participant: F02B37640AE3AED6F4623DCEBAECA9E824ABD967B7828E776B06835866273541
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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