Birdwatch Note Rating
2023-03-13 07:05:29 UTC - HELPFUL
Rated by Participant: BCA3FC7534E9B42153F55890EC5DC26AAEBD632B563C59397AFA9728FAF01A7C
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