Birdwatch Note Rating
2023-03-14 13:08:35 UTC - HELPFUL
Rated by Participant: 4823BFF045E8D184FB5F55B5255BB1B62A4D56A4DAB8C572C1AD13DC18111D69
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