Birdwatch Note Rating
2023-03-12 18:30:26 UTC - HELPFUL
Rated by Participant: 804829D00BAA2A5B6BD1F14CBF6BAE91C3299C9CC86AB186F1EDCFB3A485D163
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