Birdwatch Note Rating
2023-03-13 03:02:28 UTC - SOMEWHAT_HELPFUL
Rated by Participant: BD8486DD51151B6D049EA8298BA85C029741001F465A07255D494F9B0A62B870
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