Birdwatch Note Rating
2023-03-12 19:24:09 UTC - HELPFUL
Rated by Participant: 9E0ED29C4201DCF067562CCE15A6F61D9D64B89BB84B2301630C6D4EC977C3B5
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