Birdwatch Note Rating
2023-03-13 00:16:26 UTC - HELPFUL
Rated by Participant: A61371C4129292FEDD2AD8D082FD1B86AD28A0DDFCB4DC175AAE9E4FA79B3579
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