Birdwatch Note Rating
2023-03-12 18:27:17 UTC - NOT_HELPFUL
Rated by Participant: 7B861ED4B72563F45AEB2D337152A81180E0F2AEBA2387964E23475E7DF7B130
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