Birdwatch Note Rating
2023-03-13 16:44:04 UTC - HELPFUL
Rated by Participant: D6FCED21A523BDF9FFF1AD62D677E2CD9C2D497C0550241E2F3AA539CF79D57D
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