Birdwatch Note Rating
2023-03-14 23:50:06 UTC - HELPFUL
Rated by Participant: 5705C37F0A2D26F3218E2BF80111F2FECEB54EAFC825174E57D8DCD1EB3A6B36
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