Birdwatch Note Rating
2023-03-13 18:04:03 UTC - HELPFUL
Rated by Participant: 1DED942C7CC28951D8AEB5113DFC7CF7318561D2D997443D6DE520D7F30D955D
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