Birdwatch Note Rating
2023-03-12 22:20:57 UTC - NOT_HELPFUL
Rated by Participant: 937BDE0FDAECFA362A46A288C28E7DA597467AE20481A375890FAB891C6A890C
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