Birdwatch Note Rating
2023-03-13 16:44:04 UTC - HELPFUL
Rated by Participant: 0A5B082A68C6F3150A476B9F59E72F0707D89B0432BF7DF9388190A7045E7C9D
Participant Details
Original Note:
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