Birdwatch Note Rating
2023-03-12 20:40:22 UTC - HELPFUL
Rated by Participant: 61E7B497029CBFE01FAB56913C1E2F635139CFB0D27AAA743E4129B59C9736E5
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