Birdwatch Note Rating
2023-03-12 23:44:43 UTC - HELPFUL
Rated by Participant: B6BD217CF7AA1FEB1DD836439BA4C5B50C3AD6E28FF9423371B1E66112DB2B52
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