Birdwatch Note Rating
2023-03-13 16:45:11 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 4FD7B29ABB27CAA7902AB2F8CDDE2EAD392C3372E311EBFDFEA34763AD9E2D11
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