Birdwatch Note Rating
2023-03-13 02:46:35 UTC - HELPFUL
Rated by Participant: 3C78EAD6FAE9D2DA4E53DFC76F4BA449C26DBA7933929266052D3820A45566A8
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