Birdwatch Note Rating
2023-03-12 18:16:00 UTC - HELPFUL
Rated by Participant: 371FD84A5735C034155ADB54C33BC966F38C53B45C1091A9AFD9B9B4B3271C9A
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