Birdwatch Note Rating
2023-03-12 18:18:31 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 15661FFC607545C493B25361B089E3FA7111C80D2F961F378893AD3A36267BA4
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