Birdwatch Note Rating
2023-03-12 18:20:13 UTC - HELPFUL
Rated by Participant: 610C75D00A3BC4F946D9C868A103777CB1F2837A5D76B9DB0B8E7C2E1E914683
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