Birdwatch Note Rating
2023-03-13 21:44:41 UTC - HELPFUL
Rated by Participant: CE0B2F7191F495CA1C14C729FA55C1A705EBBEA60D4F8783FBEAFF5A5052A508
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