Birdwatch Note Rating
2023-03-12 20:37:25 UTC - NOT_HELPFUL
Rated by Participant: 97379344D77E648D9A4FCAB9077D650DB3BC5B8403B06469C2ADFF728F0094B8
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