Birdwatch Note Rating
2023-03-14 02:17:20 UTC - HELPFUL
Rated by Participant: 8CF27D4D910F544E6A96F46A37E708725935CCA205E9E6BFBB3D634B0E1F1DB8
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