Birdwatch Note Rating
2023-04-01 04:37:50 UTC - SOMEWHAT_HELPFUL
Rated by Participant: D893FF6ED50B07A3DC092A271832F31D22711BB6D82C37B1B2BF2AB5150DB19E
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