Birdwatch Note Rating
2023-03-13 05:06:58 UTC - HELPFUL
Rated by Participant: BC3AA1E9A00D3B0303527CAC721E366283EAC8EA551C3B1395CB040DF7A3BEE6
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