Birdwatch Note Rating
2023-03-12 18:18:25 UTC - HELPFUL
Rated by Participant: BEF9DF699A361960BA8596A4CA4F8620D3F77B6AACD0CBE124991CA22097FD85
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